Matthews, NC vs Myrtle Grove, NC

Myrtle Grove is moderately more affordable than Matthews, with a 5.2% lower cost of living index. Matthews scores 118 compared to 112 for Myrtle Grove, where the US average is 100. This difference means residents of Matthews can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Matthews is $1,670/month compared to $1,523/month in Myrtle Grove — a 10% difference. Home values follow the same pattern: Myrtle Grove is more affordable at $398,600 median vs $406,800.

Median household income in Matthews is $105,579 compared to $112,139 in Myrtle Grove (-5.8%). Myrtle Grove offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Matthews spend roughly 19% of their income on rent, more than the 16.3% in Myrtle Grove.