Matthews, NC vs Summerfield, NC

Summerfield is moderately more affordable than Matthews, with a 9.8% lower cost of living index. Matthews scores 118 compared to 108 for Summerfield, 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 $1,148/month in Summerfield — a 46% difference. Interestingly, home values tell a different story: while Summerfield has cheaper rent, Matthews actually has lower median home values ($406,800 vs $490,100).

Median household income in Matthews is $105,579 compared to $151,131 in Summerfield (-30.1%). Summerfield 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 9.1% in Summerfield.