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Matthews, NC vs Tarboro, NC

118
Matthews
North Carolina
VS
+82.1%
65
Tarboro
North Carolina

The cost of living difference between Matthews, NC and Tarboro, NC is dramatic. Tarboro is 82.1% cheaper than Matthews, a gap that translates to thousands of dollars per year in household expenses. Matthews has a cost index of 118 while Tarboro sits at 65, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Matthews is $1,670/month compared to $698/month in Tarboro — a 139% difference. Home values follow the same pattern: Tarboro is more affordable at $155,500 median vs $406,800.

Median household income in Matthews is $105,579 compared to $49,386 in Tarboro (+113.8%). 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, more than the 17% in Tarboro.

Income & Cost

Cost of Living Index
Matthews
118
Tarboro
65
45% cheaper
Median Household Income
Matthews
$105,579
53% higher
Tarboro
$49,386

Housing

Median Rent
Matthews
$1,670
Tarboro
$698
58% cheaper
Median Home Value
Matthews
$406,800
Tarboro
$155,500
62% cheaper
Population
Matthews
29,959
Tarboro
10,705

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Matthews $2.96
Tarboro $2.97
US $3.07
🥚
Eggs (grade A, large)
Matthews $2.42
Tarboro $2.42
US $2.50
🥛
Milk (whole)
Matthews $3.89
Tarboro $3.90
US $4.03
🍞
Bread (white)
Matthews $1.79
Tarboro $1.79
US $1.85
🍗
Chicken breast
Matthews $4.00
Tarboro $4.01
US $4.14
Electricity
Matthews $0.16
Tarboro $0.16
US $0.19