Housing costs in Charlotte?
A typical home costs
$319,600, which is 5.5% less expensive than the national average of
$338,100 and 10.5% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Charlotte costs
$1,390 per month, which is 25.2% more than the national average of
$1,110 and 10.1% more than the state average of
$1,250.
Can I afford Charlotte?
To live comfortably in Charlotte (zip 28214), North Carolina, a minimum annual income of
$61,200 for a family, and
$49,200 for a single person is recommended.
What does A.I. say about Charlotte?
The cost of living in 28214 Charlotte, NC is relatively high compared to other cities in the US. According to BestPlaces.net, the overall cost of living index for this zip code is 138.7 which is higher than the US average of 100 and more expensive than 90% of other American cities. Housing prices are especially high as the median home value for this area is $243,400 - this is almost double the national average and nearly triple that of North Carolina's average. Groceries, transportation and healthcare costs are also above the national averages, while utilities and miscellaneous items are slightly lower than average.