Gastonia cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexGastoniaNorth CarolinaNational
Cost of living index9497100
IndexGastoniaNorth CarolinaNational
Goods & Services index97101100
Groceries index100100100
Health care index101104100
Housing index7987100
Transportation index100102100
Utilities index110100100
The above illustration supplies generalized information for the Gastonia, NC cost of living index. Compared to other cities in North Carolina and cities across the country, the cost of living index in Gastonia, NC is 94, which is 3% lower than the North Carolina average and 6% lower than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Gastonia, NC are 3% lower than the average for North Carolina and 3% lower than the rest of the country.

Did you know?

  • The cost of living in Gastonia is 3% lower than the North Carolina average.
  • The cost of living in Gastonia is 6% lower than the national average.
  • The cost of housing in Gastonia is 21% lower than the national average.
  • North Carolina general sales tax is 7% lower than the national average.
  • North Carolina state income tax is 159% higher than the national average.

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Compare Gastonia, NC Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator allows you to compare how much your current salary in Gastonia, NC would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Gastonia, NC, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Gastonia, NC salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
If you want to find a good determining factor for the cost of living and the general affordability of housing in Gastonia, NC, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Gastonia, NC, the median monthly income is $58,685 for those who own their own homes. Under the standard rule, that income level would allow for $1,369 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $24,804, per the median income in the area. That would allow for renters to spend up to $579 on monthly rental expenses.

North Carolina Sales Tax

StateGeneral Sales TaxWith Max Surtax
North Carolina4.75%7.5%

North Carolina Income Tax

StateIncome Tax (Low)Income Tax (High)
North Carolina5.75%5.75%
The North Carolina sales tax and North Carolina income tax rates should definitely be considered when determining the overall cost of living in Gastonia, NC. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The North Carolina sales tax is 4.75% and the maximum surtax is 7.5%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The North Carolina income tax rates range from 5.75% to 5.75%.

Goods & Services

ItemGastoniaNational avg.Difference
Haircut $12.40$14.5915.0%
Beauty Salon $36.40$34.685.0%
Toothpaste $2.52$2.471.9%
Shampoo $1.08$1.025.7%
Movie $10.39$9.875.3%
Bowling $5.97$4.3935.9%


ItemGastoniaNational avg.Difference
Ground Beef $4.51$4.480.7%
Fried Chicken $1.59$1.468.6%
Milk $2.59$2.369.9%
Potatoes $3.37$3.0610.1%
Pizza $8.49$9.248.1%
Beer $8.34$8.633.4%

Health Care

ItemGastoniaNational avg.Difference
Optometrist $119.20$99.7819.5%
Doctor $95.20$105.039.4%
Dentist $91.20$88.702.8%
Ibuprofen $9.12$9.413.1%
Lipitor $322.28$298.508.0%


ItemGastoniaNational avg.Difference
Home Price $135,100.00$175,700.0023.1%
Avg. Mortgage Payment $879.18$1,081.0318.7%
Apartment Rent $762.00$920.0017.2%


ItemGastoniaNational avg.Difference
Gasoline $2.19$2.094.9%
Tire Balancing $39.18$45.2913.5%


ItemGastoniaNational avg.Difference
All Electricity$170.61$170.800.1%
Phone $35.01$28.2623.9%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Dellview, NC51000%
Smyrna, SC4785-15%
Waco, NC29486-14%
High Shoals, NC55987-13%
Bessemer City, NC5,41088-12%
Gastonia, NC72,66494-6%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Canton, OH72,66884-16%
Southfield, MI72,48089-11%
Appleton, WI72,86193-7%
Plymouth, MN72,86812020%
Mount Pleasant, SC72,37912727%
Gastonia, NC72,66494-6%
Source: The Gastonia, NC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.