Zip 28202 (Charlotte, NC) Cost of Living


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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 28202), 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 28202 (Charlotte, NC)

Housing costs in Charlotte?
A typical home costs $404,900, which is 19.8% more expensive than the national average of $338,100 and 40.0% more expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Charlotte costs $1,930 per month, which is 73.9% more than the national average of $1,110 and 35.2% more than the state average of $1,250.

Can I afford Charlotte?
To live comfortably in Charlotte (zip 28202), North Carolina, a minimum annual income of $77,760 for a family, and $68,400 for a single person is recommended.

What does A.I. say about Charlotte?
The cost of living in 28202 Charlotte, NC is relatively high compared to other parts of the country. The median household income is $48,895 and the median home value is over $180,000. According to Zillow, rent in 28202 Charlotte averages around $1,200 per month. There are also many amenities like restaurants and entertainment venues at a variety of price points. As with any major city, prices for goods and services tend to be higher than for those found in rural areas.
   Cost of living score
     CategoriesCharlotteNorth CarolinaUnited States
  102.591.0100.0
  101.396.5100
  95.0107.2100.0
  128.983.1100.0
  $404,900$289,300$338,100
  97.6%99.2%100.0%
  84.983.9100.0
  111.089.2100.0

   100=National Average

   Average Rent by Bedroom Size
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