Zip 28227 (Charlotte, NC) Cost of Living


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How much do I need to live in Charlotte, North Carolina?
$5,760 / month
for a family, 6.7% more expensive than the national average A total of $69,120 for the year for a family.
$4,100 / month
for a single person, 14.0% less expensive than the national average A total of $49,200 for the year for a single person.

Charlotte cost of living score
102.5
More expensive
2.5% higher
than the US average
12.6% higher
than the North Carolina average
Charlotte (zip 28227), North Carolina gets a BestPlaces Cost of Living score of 102.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 2.5% higher than the U.S. average and 12.6% higher than the average for North Carolina.

Zip 28227 (Charlotte, NC)

Housing costs in Charlotte?
A typical home costs $360,200, which is 6.5% more expensive than the national average of $338,100 and 24.5% 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 28227), North Carolina, a minimum annual income of $69,120 for a family, and $49,200 for a single person is recommended.

What does A.I. say about Charlotte?
The cost of living in Charlotte, NC's zip code 28227 is generally quite affordable. The area has a median home value of around $211,000, and an average rental price of roughly $1,106 per month. Additionally, the cost of groceries and other necessities in the area is below the national average for most items. With plenty of job opportunities in the local economy, 28227 Charlotte offers a great quality of life without breaking the bank.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesCharlotteNorth CarolinaUnited States
    Unlock91.0100.0
  97.2  Unlock100.0
    Unlock107.2100.0
  98.1  Unlock100.0
    Unlock$289,300$338,100
  98.9  Unlock100.0
    Unlock83.9100.0
  111.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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