Charlotte-Concord-Gastonia Metro Area, NC Cost of Living


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United States / North Carolina / Charlotte-Concord-Gastonia Metro Area / Counties / Cities / Zip Codes
How much do I need to live in Charlotte-Concord-Gastonia, North Carolina?
$5,700 / month
for a family, 5.6% more expensive than the national average A total of $68,400 for the year for a family.
$3,667 / month
for a single person, 23.1% less expensive than the national average A total of $44,000 for the year for a single person.

Charlotte-Concord-Gastonia cost of living score
98.8
Less expensive
1.2% lower
than the US average
8.6% higher
than the North Carolina average
Charlotte-Concord-Gastonia North Carol Metro Area, North Carolina gets a BestPlaces Cost of Living score of 98.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 1.2% lower than the U.S. average and 8.6% lower than the average for North Carolina.

Charlotte-Concord-Gastonia Metro Area, NC

Housing costs in Charlotte-Concord-Gastonia?
A typical home costs $357,000, which is 5.6% more expensive than the national average of $338,100 and 23.4% more expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Charlotte-Concord-Gastonia costs $1,250 per month, which is 12.6% cheaper than the national average of $1,430 and 11.2% more than the state average of $1,110.

Can I afford Charlotte-Concord-Gastonia?
To live comfortably in Charlotte-Concord-Gastonia North Carol Metro Area, North Carolina, a minimum annual income of $68,400 for a family, and $44,000 for a single person is recommended.

What does A.I. say about Charlotte-Concord-Gastonia?
The cost of living in Charlotte-Concord-Gastonia, NC Metro Area is 98.8, which is slightly below the US average of 100. This means that, overall, living costs in this metropolitan area are relatively affordable when compared to the rest of the country. In terms of housing costs, the median house value in Charlotte-Concord-Gastonia is $357000, which exceeds the US average of $338100. Although prices may be somewhat higher than national averages for certain types of goods and services, overall it remains a relatively affordable place to live.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesCharlotte-Concord-GastoniaNorth CarolinaUnited States
    Unlock91.0100.0
  97.2  Unlock100.0
    Unlock107.2100.0
  99.4  Unlock100.0
    Unlock$289,300$338,100
  99.1  Unlock100.0
    Unlock83.9100.0
  102.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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