Kannapolis 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.
IndexKannapolisNorth CarolinaNational
Cost of living index9397100
IndexKannapolisNorth CarolinaNational
Goods & Services index97101100
Groceries index100100100
Health care index101104100
Housing index7587100
Transportation index100102100
Utilities index110100100
A general summary of the cost of living index in Kannapolis, NC is shown above. Compared to the state average of North Carolina the cost of living index in Kannapolis, NC is 93, which is 4% lower than the average in North Carolina and compared to the national average it is 7% lower than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Kannapolis, NC goods and services come in at 3% lower than the average in North Carolina and are 3% lower than compared to the nationwide average.

Did you know?

  • The cost of living in Kannapolis is 4% lower than the North Carolina average.
  • The cost of living in Kannapolis is 7% lower than the national average.
  • The cost of housing in Kannapolis is 25% 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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Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator is used in order to provide a comparison of your current salary in Kannapolis, NC to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Kannapolis, NC, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Kannapolis, NC salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Kannapolis, NC, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Kannapolis, NC homeowners have a median income of $51,438. Using that number, you will come up with a maximum of $1,200 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $30,701, which means there is a maximum of $716 to be spent on the costs of renting a home or apartment.

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%
One thing to keep in mind when considering the cost of living in Kannapolis, NC is the North Carolina sales tax and North Carolina income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The North Carolina sales tax rate is 4.75% and the maximum surtax that can be charged is 7.5%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The North Carolina income tax rates range from 5.75% to 5.75%.

Goods & Services

ItemKannapolisNational 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%


ItemKannapolisNational 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

ItemKannapolisNational 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%


ItemKannapolisNational avg.Difference
Home Price $124,600.00$175,700.0029.1%
Avg. Mortgage Payment $879.18$1,081.0318.7%
Apartment Rent $792.00$920.0013.9%


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


ItemKannapolisNational 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.
East Spencer, NC1,52083-17%
China Grove, NC4,15590-10%
Rockwell, NC1,80187-13%
Enochville, NC2,66492-8%
Salisbury, NC33,52487-13%
Kannapolis, NC43,86593-7%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
El Dorado Hills, CA43,86215555%
Lombard, IL43,85311414%
Hackensack, NJ43,90313737%
York, PA43,81789-11%
Attleboro, MA43,77412626%
Kannapolis, NC43,86593-7%
Source: The Kannapolis, NC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.