Mint Hill, NC Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Mint Hill, NC Summary

Cost of living in Mint Hill research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Mint Hill is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in North Carolina, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Mint Hill is 107, with 100 being the average.

  • The cost of living index in Mint Hill is 1.1x higher than the national average.

  • Mint Hill ranks as the #125 cheapest in North Carolina out of 153.

  • Mint Hill ranks as the #3,867 cheapest out of 6,412 in the US.

  • The median home value in Mint Hill is $313,900.

  • The median income in Mint Hill is $84,468.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
107
Mint Hill's Overall Cost Of Living
1.1x
Higher Than The National Average

What is the cost of living in Mint Hill, NC?

According to the most recent data on the cost of living, Mint Hill has an overall cost of living index of 107, which is 1.1x higher than the national index of 100.

Compared to North Carolina, Mint Hill has a cost of living index that's 1.1x higher than North Carolina's index of 95.

The standard of living in Mint Hill ranks as #125 most affordable out of the 153 places we measured in North Carolina. By definition, that implies Mint Hill ranks as the #28 most expensive place in the Tar Heel State.

For more reading on life in Mint Hill, check out:

125 out of 153
In North Carolina
3,867 out of 6,412
In America

Mint Hill Cost Of Living Vs. North Carolina

Six factors go into calculating the cost of living index in Mint Hill. Here is how it fairs on each of the criteria:

  • The Services index in Mint Hill is 105.

  • The Groceries index in Mint Hill is 104.

  • The Health index in Mint Hill is 104.

  • The Housing index in Mint Hill is 113.

  • The Transportation index in Mint Hill is 100.

  • The Utilities index in Mint Hill is 95.

Living Expense Mint Hill North Carolina National Average
Overall 107 95 100
Services 105 97 100
Groceries 104 98 100
Health 104 108 100
Housing 113 91 100
Transportation 100 92 100
Utilities 95 95 100
For more reading on cost of living around North Carolina, check out:
Mint Hill Cost of Living Vs. NC

Mint Hill, NC Housing Cost Breakdown

Housing swings affordability the most between places in North Carolina, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Mint Hill is $313,900.

  • The Median Rent in Mint Hill is $1,220.

  • The Median Income in Mint Hill is $84,468.

  • The Home Value To Income in Mint Hill is 3.7x.

  • The Rent To Monthly Income in Mint Hill is 0.17x.

Statistic Mint Hill North Carolina United States
Median Home Value $313,900 $197,500 $244,900
Median Rent $1,220 $988 $1,163
Median Income $84,468 $60,516 $69,021
Home Value To Income 3.7x 3.3x 3.5x
Rent To Monthly Income 0.17x 0.2x 0.2x
Search Homes For Sale In Mint Hill, NC
$313,900
Median Home Value
$1,220
Median Rent
$84,468
Median Income

Mint Hill, NC Costs By Category

Detailed Mint Hill Services Costs Vs. North Carolina

Item Mint Hill North Carolina
Shampoo $1.0 $1.06
Movie $10.0 $10.68
Bowling $22.35 $14.67
Haircut $16.9 $18.62
Beauty Salon $39.1 $39.05

Detailed Mint Hill Groceries Costs Vs. North Carolina

Item Mint Hill North Carolina
Ground Beef $3.88 $4.22
Fried Chicken $1.46 $1.39
Milk $1.69 $2.05
Potatoes $3.65 $3.29
Pizza $9.09 $10.62
Beer $10.42 $9.38
Toothpaste $2.27 $2.34

Detailed Mint Hill Health Costs Vs. North Carolina

Item Mint Hill North Carolina
Optometrist $119.06 $108.57
Doctor $121.12 $116.17
Dentist $112.88 $99.13

Detailed Mint Hill Transportation Costs Vs. North Carolina

Item Mint Hill North Carolina
Gasoline $2.35 $2.22
Tire Balancing $45.59 $50.07

Detailed Mint Hill Utilities Costs Vs. North Carolina

Item Mint Hill North Carolina
All Electricity $158.05 $167.67
Phone $179.94 $175.64

Mint Hill SnackAbility

8
/10
Overall SnackAbility
Jobs
8/10
Housing
8.5
Affordability
8
Diversity
8
Safety
7
Amenities
8
Education
8.5
Commute
5

Cost Of Living In Cities Around Mint Hill

The cost of living varies in the cities and towns around Mint Hill. Here's a quick look at the cost of living in the most populous nearby places:

  • Charlotte, NC has a cost of living index of 103, 1.0x Mint Hill.

  • Concord, NC has a cost of living index of 96, 0.9x Mint Hill.

  • Huntersville, NC has a cost of living index of 113, 1.1x Mint Hill.

City Population Cost Of Living Vs. Mint Hill
Charlotte, NC 864,871 103 1.0x
Concord, NC 102,566 96 0.9x
Huntersville, NC 60,166 113 1.1x
Indian Trail, NC 39,603 103 1.0x
Matthews, NC 29,417 107 1.0x
Harrisburg, NC 18,415 111 1.0x
Stallings, NC 15,932 109 1.0x
Weddington, NC 12,851 142 1.3x
Wesley Chapel, NC 8,661 122 1.1x
Unionville, NC 6,634 102 1.0x

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