Housing costs in Charlotte?
A typical home costs
$421,200, which is 24.6% more expensive than the national average of
$338,100 and 45.6% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Charlotte costs
$1,280 per month, which is 15.3% more than the national average of
$1,110 and 2.3% more than the state average of
$1,250.
Can I afford Charlotte?
To live comfortably in Charlotte (zip 28205), North Carolina, a minimum annual income of
$80,640 for a family, and
$45,600 for a single person is recommended.
What does A.I. say about Charlotte?
The cost of living in Charlotte, NC's 28205 zip code is relatively high. According to the Council for Community and Economic Research, the average cost of goods and services in the area is 8.7% higher than the national average. This includes housing costs which are 38.8% higher than the national average. The median home value in this area is around $259,100 and rent for a one-bedroom apartment averages around $1,182 per month. Overall, Charlotte can be an expensive place to live due to its above-average cost of living.