What is a pro or con of living in Charlotte, North Carolinacompared to Silver Lake, North Carolina?

Median Home Cost is 70% more expensive in Charlotte.

What salary do I need to live in Charlotte, North Carolina copmared to Silver Lake, North Carolina?

A salary of $50,000 in Silver Lake, North Carolina should increase to $58,033 in Charlotte, North Carolina (assumptions include Homeowner, no Child Care, and Taxes are not considered.

What is a cost of living index?

A Cost of living index is a number starting at 100(100 = US Average). Higher means the place is more expensive than the US Average and lower than 100 means the place is less expensive than the US Average.

SILVER LAKE vs. CHARLOTTE
Cost of Living Comparison

Silver Lake, North Carolina vs. Charlotte, North Carolina

Cost of Living Comparison

The cost of living in Charlotte, North Carolina is 16.1% more expensive than Silver Lake, North Carolina.

You would need a salary of $58,033 in Charlotte, North Carolina to maintain the standard of living you have in Silver Lake, North Carolina.

Comparison highlights

• Overall, Charlotte, North Carolina is more expensive than Silver Lake, North Carolina
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
70% more expensive in Charlotte
than in Silver Lake, North Carolina

Silver Lake, NC vs. Charlotte, NC

Compared to Silver Lake, Charlotte is:

Homeowner

No Child Care, Taxes not Considered

16.1% higher

Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Renter

No Child Care, Taxes not Considered

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Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Food

0.5% lower

Housing (Homeowner)

45.6% higher

Housing (Rent)

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Median Home Cost

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Utilities

0.9% higher

Commute

21.7% higher

Health

20.0% lower

Taxes

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Childcare

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Personal

1.2% lower

Cost of Food

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Silver Lake, North Carolina vs. Charlotte, North Carolina

Cost of Living Comparison

Comparison highlights

Silver Lake, NC vs. Charlotte, NC

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