C+
Overall 7%
Goods & Services 5%
Housing 24%
Find Homes Find Rentals
Date & Last Updated: This data reflects 2022 and was released from C2ER in January, 2022; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
IndexGastoniaNorth CarolinaNational
Cost of living9394100
Goods & Services10599100
Groceries9998100
Health care106110100
Housing7685100
Transportation9491100
Utilities9495100

Key findings

  • The cost of living in Gastonia is 1% lower than the North Carolina average
  • The cost of living in Gastonia is 7% lower than the national average
  • Gastonia housing is 24% lower than the national average
  • North Carolina general sales tax is 7% lower than the national average
  • North Carolina state income tax is 113% higher than the national average

Most Affordable Places to Live in and Around Gastonia

See all the best places to live around Gastonia

Compare Gastonia, NC Cost of Living

      vs
      How would you rate the cost of living in Gastonia?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Gastonia?
      Write a review to give others more information about this area.
      See all Gastonia poll results

      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

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$60,715$5,060$1,417$1,822
      Renters$28,421$2,368$663$853
      A good indicator of the general affordability of housing in Gastonia, NC, 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, the median monthly income is $60,715 for those who own their own homes. Under the standard rule, that income level would allow for $1,417 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $28,421, per the median income in the area. That would allow for renters to spend up to $663 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 Carolina5.25%5.25%

      Goods & Services

      ItemGastoniaNational avg.Difference
      Haircut $17.33$20.2714.5%
      Beauty Salon $35.13$40.3913.0%
      Toothpaste $2.66$2.3612.6%
      Shampoo $1.18$1.089.9%
      Movie $12.05$10.999.7%
      Bowling $21.17$15.4936.6%

      Groceries

      ItemGastoniaNational avg.Difference
      Ground Beef $3.80$4.3011.6%
      Fried Chicken $1.42$1.401.2%
      Milk $1.73$2.2021.5%
      Potatoes $3.56$3.2210.5%
      Pizza $10.06$10.746.3%
      Beer $9.86$9.602.7%

      Health Care

      ItemGastoniaNational avg.Difference
      Optometrist $111.50$109.731.6%
      Doctor $127.19$118.347.5%
      Dentist $121.04$100.9419.9%
      Ibuprofen $7.24$9.9327.1%
      Lipitor $458.44$469.532.4%

      Housing

      ItemGastoniaNational avg.Difference
      Home Price $135,900.00$184,700.0026.4%
      Avg. Mortgage Payment $882.55$1,229.6228.2%
      Apartment Rent $781.00$949.0017.7%

      Transportation

      ItemGastoniaNational avg.Difference
      Gasoline $2.63$2.713.0%
      Tire Balancing $46.65$51.8610.1%

      Utilities

      ItemGastoniaNational avg.Difference
      All Electricity$153.98$170.849.9%
      Phone $183.30$187.182.1%
      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

      CityPopulationCost of Living IndexNational Avg.
      Dellview, NC51000.5%
      Smyrna, SC50991.4%
      Spencer Mountain, NC01000.5%
      Waco, NC2818614.2%
      High Shoals, NC7038713.0%
      Gastonia, NC73,877936.8%

      Cities with similar population

      CityPopulationCost of Living IndexNational Avg.
      Perris, CA73,71811313.0%
      Decatur, IL74,0638119.4%
      Manteca, CA73,57012121.2%
      Sault Ste. Marie, ON74,249n/a 
      Union City, CA73,50016868.4%
      Gastonia, NC73,877936.8%
      Source: This data reflects 2021 and was released from C2ER in January, 2022; this is the most current data available.