Matthews, NC vs Spout Springs, NC

Spout Springs is moderately more affordable than Matthews, with a 5.3% lower cost of living index. Matthews scores 118 compared to 112 for Spout Springs, 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 $1,794/month in Spout Springs — a 7% difference. Interestingly, home values tell a different story: while Matthews has cheaper rent, Spout Springs actually has lower median home values ($310,100 vs $406,800).

Median household income in Matthews is $105,579 compared to $87,905 in Spout Springs (+20.1%). 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 Matthews spend roughly 19% of their income on rent, less than the 24.5% in Spout Springs.