Wesley Chapel, NC Cost Of Living

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

Cost Of Living In Wesley Chapel, NC Summary

Cost of living in Wesley Chapel 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 Wesley Chapel 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 Wesley Chapel is 122, with 100 being the average.

  • The cost of living index in Wesley Chapel is 1.2x higher than the national average.

  • Wesley Chapel ranks as the #148 cheapest in North Carolina out of 153.

  • Wesley Chapel ranks as the #4,905 cheapest out of 6,412 in the US.

  • The median home value in Wesley Chapel is $368,200.

  • The median income in Wesley Chapel is $124,716.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
122
Wesley Chapel's Overall Cost Of Living
1.2x
Higher Than The National Average

What is the cost of living in Wesley Chapel, NC?

According to the most recent data on the cost of living, Wesley Chapel has an overall cost of living index of 122, which is 1.2x higher than the national index of 100.

Compared to North Carolina, Wesley Chapel has a cost of living index that's 1.3x higher than North Carolina's index of 95.

The standard of living in Wesley Chapel ranks as #148 most affordable out of the 153 places we measured in North Carolina. By definition, that implies Wesley Chapel ranks as the #5 most expensive place in the Tar Heel State.

For more reading on life in Wesley Chapel, check out:

148 out of 153
In North Carolina
4,905 out of 6,412
In America

Wesley Chapel Cost Of Living Vs. North Carolina

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

  • The Services index in Wesley Chapel is 104.

  • The Groceries index in Wesley Chapel is 102.

  • The Health index in Wesley Chapel is 104.

  • The Housing index in Wesley Chapel is 158.

  • The Transportation index in Wesley Chapel is 103.

  • The Utilities index in Wesley Chapel is 94.

Living Expense Wesley Chapel North Carolina National Average
Overall 122 95 100
Services 104 97 100
Groceries 102 98 100
Health 104 108 100
Housing 158 91 100
Transportation 103 92 100
Utilities 94 95 100
For more reading on cost of living around North Carolina, check out:
Wesley Chapel Cost of Living Vs. NC

Wesley Chapel, 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 Wesley Chapel is $368,200.

  • The Median Rent in Wesley Chapel is $1,688.

  • The Median Income in Wesley Chapel is $124,716.

  • The Home Value To Income in Wesley Chapel is 3.0x.

  • The Rent To Monthly Income in Wesley Chapel is 0.16x.

Statistic Wesley Chapel North Carolina United States
Median Home Value $368,200 $197,500 $244,900
Median Rent $1,688 $988 $1,163
Median Income $124,716 $60,516 $69,021
Home Value To Income 3.0x 3.3x 3.5x
Rent To Monthly Income 0.16x 0.2x 0.2x
Search Homes For Sale In Wesley Chapel, NC
$368,200
Median Home Value
$1,688
Median Rent
$124,716
Median Income

Wesley Chapel, NC Costs By Category

Detailed Wesley Chapel Services Costs Vs. North Carolina

Item Wesley Chapel 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 Wesley Chapel Groceries Costs Vs. North Carolina

Item Wesley Chapel 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 Wesley Chapel Health Costs Vs. North Carolina

Item Wesley Chapel North Carolina
Optometrist $119.06 $108.57
Doctor $121.12 $116.17
Dentist $112.88 $99.13

Detailed Wesley Chapel Transportation Costs Vs. North Carolina

Item Wesley Chapel North Carolina
Gasoline $2.35 $2.22
Tire Balancing $45.59 $50.07

Detailed Wesley Chapel Utilities Costs Vs. North Carolina

Item Wesley Chapel North Carolina
All Electricity $158.05 $167.67
Phone $179.94 $175.64

Wesley Chapel SnackAbility

6
/10
Overall SnackAbility
Jobs
9/10
Housing
9
Affordability
8
Diversity
7
Safety
N/A
Amenities
8
Education
8
Commute
5

Cost Of Living In Cities Around Wesley Chapel

The cost of living varies in the cities and towns around Wesley Chapel. 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, 0.8x Wesley Chapel.

  • Indian Trail, NC has a cost of living index of 103, 0.8x Wesley Chapel.

  • Monroe, NC has a cost of living index of 97, 0.8x Wesley Chapel.

City Population Cost Of Living Vs. Wesley Chapel
Charlotte, NC 864,871 103 0.8x
Indian Trail, NC 39,603 103 0.8x
Monroe, NC 34,464 97 0.8x
Matthews, NC 29,417 107 0.9x
Mint Hill, NC 26,236 107 0.9x
Waxhaw, NC 19,645 116 1.0x
Stallings, NC 15,932 109 0.9x
Weddington, NC 12,851 142 1.2x
Tega Cay, SC 12,336 117 1.0x
Unionville, NC 6,634 102 0.8x

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