Home / Compare / Kannapolis vs Matthews

Kannapolis, NC vs Matthews, NC

90
Kannapolis
North Carolina
VS
-24.1%
118
Matthews
North Carolina

There is a significant gap in the cost of living between these two cities. Kannapolis is 24.1% cheaper than Matthews. With a cost index of 90 vs 118, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Kannapolis to Matthews should plan for substantially higher expenses across most categories.

On the housing front, median rent in Kannapolis is $1,168/month compared to $1,670/month in Matthews — a 30% difference. Home values follow the same pattern: Kannapolis is more affordable at $245,500 median vs $406,800.

Median household income in Kannapolis is $70,691 compared to $105,579 in Matthews (-33%). While Matthews is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Kannapolis spend roughly 19.8% of their income on rent, more than the 19% in Matthews.

Income & Cost

Cost of Living Index
Kannapolis
90
24% cheaper
Matthews
118
Median Household Income
Kannapolis
$70,691
Matthews
$105,579
33% higher

Housing

Median Rent
Kannapolis
$1,168
30% cheaper
Matthews
$1,670
Median Home Value
Kannapolis
$245,500
40% cheaper
Matthews
$406,800
Population
Kannapolis
56,470
Matthews
29,959

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

$
Formula:

Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Kannapolis $2.96
Matthews $2.96
US $3.07
🥚
Eggs (grade A, large)
Kannapolis $2.42
Matthews $2.42
US $2.50
🥛
Milk (whole)
Kannapolis $3.89
Matthews $3.89
US $4.03
🍞
Bread (white)
Kannapolis $1.79
Matthews $1.79
US $1.85
🍗
Chicken breast
Kannapolis $4.00
Matthews $4.00
US $4.14
Electricity
Kannapolis $0.16
Matthews $0.16
US $0.19