Charlotte, NC Cost Of Living
Charlotte's Overall Cost Of Living
Higher Than The National Average
In North Carolina
In America
What is the cost of living in Charlotte, NC?
According to the most recent data on the cost of living, Charlotte has an overall cost of living index of 103 which is 1.0x higher than the national index of 100.
Compared to only North Carolina, Charlotte has a cost of living index that's 1.1x higher than North Carolina's index of 95.
The standard of living in Charlotte ranks as #3,487 most affordable out of the 6,418 places we measured in North Carolina. By definition, that implies Charlotte ranks as the #2,932 most expensive place in the Tar Heel State.
Charlotte Cost Of Living Vs. North Carolina
| Living Expense | Charlotte | North Carolina | National Average | |
|---|---|---|---|---|
| Overall | 103 | 95 | 100 | |
| Services | 107 | 102 | 100 | |
| Groceries | 102 | 100 | 100 | |
| Health | 106 | 108 | 100 | |
| Housing | 99 | 87 | 100 | |
| Transportation | 104 | 96 | 100 | |
| Utilities | 95 | 98 | 100 | |
Charlotte, NC Housing Cost Breakdown
Housing swings affordability the most between places in North Carolina, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Median Home Value
Median Rent
Median Income
| Statistic | Charlotte | North Carolina | United States |
|---|---|---|---|
| Median Home Value | $235,000 | $182,100 | $229,800 |
| Median Rent | $1,185 | $932 | $1,096 |
| Median Income | $65,359 | $56,642 | $64,994 |
| Home Value To Income | 3.6x | 3.2x | 3.5x |
| Rent To Monthly Income | 0.22x | 0.2x | 0.2x |
Detailed Charlotte Services Costs Vs. North Carolina
| Item | Charlotte | North Carolina |
|---|---|---|
| Shampoo | $1.0 | $1.06 |
| Movie | $10.0 | $10.68 |
| Bowling | $22.35 | $14.67 |
Detailed Charlotte Groceries Costs Vs. North Carolina
| Item | Charlotte | North Carolina |
|---|---|---|
| Ground Beef | $3.88 | $4.22 |
| Fried Chicken | $1.46 | $1.39 |
| Milk | $1.69 | $2.05 |
Detailed Charlotte Health Costs Vs. North Carolina
| Item | Charlotte | North Carolina |
|---|---|---|
| Haircut | $16.9 | $18.62 |
| Beauty Salon | $39.1 | $39.05 |
| Toothpaste | $2.27 | $2.34 |
Detailed Charlotte Transportation Costs Vs. North Carolina
| Item | Charlotte | North Carolina |
|---|---|---|
| Potatoes | $3.65 | $3.29 |
| Pizza | $9.09 | $10.62 |
| Beer | $10.42 | $9.38 |
| Optometrist | $119.06 | $108.57 |
| Doctor | $121.12 | $116.17 |
| Dentist | $112.88 | $99.13 |
Detailed Charlotte Utilities Costs Vs. North Carolina
| Item | Charlotte | North Carolina |
|---|---|---|
| Gasoline | $2.35 | $2.22 |
| Tire Balancing | $45.59 | $50.07 |
| All Electricity | $158.05 | $167.67 |
| Phone | $179.94 | $175.64 |
Charlotte SnackAbility
/10
Cost Of Living In Cities Around Charlotte
| City | Population | Cost Of Living | Vs. Charlotte |
|---|---|---|---|
| Huntersville, NC | 57,288 | 113 | 1.1x |
| Indian Trail, NC | 39,644 | 103 | 1.0x |
| Matthews, NC | 32,682 | 107 | 1.0x |
| Cornelius, NC | 29,836 | 113 | 1.1x |
| Mint Hill, NC | 27,258 | 107 | 1.0x |
| Harrisburg, NC | 16,073 | 111 | 1.1x |
| Mount Holly, NC | 15,947 | 96 | 0.9x |
| Stallings, NC | 15,781 | 109 | 1.1x |
| Davidson, NC | 12,920 | 125 | 1.2x |
| Belmont, NC | 12,292 | 98 | 1.0x |
