Housing costs in Charlotte?
A typical home costs
$438,300, which is 29.6% more expensive than the national average of
$338,100 and 51.5% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Charlotte costs
$1,370 per month, which is 23.4% more than the national average of
$1,110 and 8.8% more than the state average of
$1,250.
Can I afford Charlotte?
To live comfortably in Charlotte (zip 28244), North Carolina, a minimum annual income of
$83,880 for a family, and
$48,400 for a single person is recommended.
What does A.I. say about Charlotte?
The cost of living in 28244 Charlotte, NC is relatively high compared to other places in the United States. The median home value of $280,800 is significantly higher than the national average of $184,700. The median household income is approximately $64,179 which is just slightly lower than the national average of $57,652. Renters can expect to pay an average of $1,363 per month for a one-bedroom apartment and $1,663 for a two-bedroom apartment. Groceries and basic necessities are also more expensive than most other areas across the country. Although transportation costs are fairly low due to the city’s excellent public transportation options, overall prices are generally higher in 28244 Charlotte, NC than in other parts of America.