Cost Of Living in Lake Norman of Catawba, NC

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F

28%

Overall NAT. AVG.

1%

Groceries NAT. AVG.

92%

Housing NAT. AVG.

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.

The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index	Lake Norman of Catawba	North Carolina	National
Cost of living	128	96	100
Groceries	101	100	100
Health care	98	99	100
Housing	192	88	100
Transportation	101	99	100
Utilities	101	99	100
Lifestyle & Entertainment	103	100	100
Household Items	101	100	100
Education & Childcare	99	100	100

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Homes For Sale In Lake Norman of Catawba, NC

5029 Mundy Ln

Denver, NC

Lot 16 Lake Front Dr

Lake Norman of Catawba, NC

4965 Mundy Ln

Denver, NC

7723 Keistlers Store Rd

Sherrills Ford, NC

Cost Of Living Quick Facts

The cost of living in Lake Norman of Catawba is 33% higher than the North Carolina average
The cost of living in Lake Norman of Catawba is 28% higher than the national average
Lake Norman of Catawba housing is 92% higher than the national average
North Carolina general sales tax is 7% lower than the national average
North Carolina state income tax is 83% higher than the national average

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Price difference in compared to

Cost of living index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$134,249	$11,187	$3,132	$4,028
Renters	$80,958	$6,747	$1,889	$2,429

A good indicator of the general affordability of housing in Lake Norman of Catawba, 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 Lake Norman of Catawba, the median monthly income is $134,249 for those who own their own homes. Under the standard rule, that income level would allow for $3,132 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $80,958, per the median income in the area. That would allow for renters to spend up to $1,889 on monthly rental expenses.

North Carolina Sales Tax

State	General Sales Tax	With Max Surtax
North Carolina	4.75%	7.5%

North Carolina Income Tax

State	Income Tax (Low)	Income Tax (High)
North Carolina	4.75%	4.75%

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
High Shoals, NC	875	87	12.9%
Catawba, NC	604	89	10.9%
Newton, NC	13,417	90	10.1%
Iron Station, NC	556	93	7.0%
Conover, NC	8,748	94	6.0%
Lake Norman of Catawba, NC	8,985	128	27.8%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Rathdrum, ID	8,985	109	8.7%
Perkasie, PA	8,985	109	9.0%
Orange Park, FL	8,984	106	5.5%
Southside, AL	8,981	94	6.4%
Plymouth, WI	8,981	93	6.6%
Lake Norman of Catawba, NC	8,985	128	27.8%