Housing costs in Charlotte?
A typical home costs
$286,600, which is 15.2% less expensive than the national average of
$338,100 and 3.3% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Charlotte costs
$1,130 per month, which is 21.0% cheaper than the national average of
$1,430 and 5.3% more than the state average of
$1,070.
Can I afford Charlotte?
To live comfortably in Charlotte, Tennessee, a minimum annual income of
$55,080 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Charlotte?
The cost of living in Charlotte, TN is relatively low compared to other cities and states. The median home value in Charlotte is approximately $140,000, which can buy a three bedroom house that would be estimated at around $1,400 per month. Basic utilities (electricity, water, sewer) typically run between $100 and $150 per month. Groceries are reasonably priced with a good variety of local markets and chain stores. Public transportation is also available for those who do not own a vehicle. Overall, the cost of living in Charlotte is considered more affordable than many other areas in the U.S., making it an attractive location for those on a budget or looking to settle down into a lower-cost lifestyle.