Housing costs in Charlotte?
A typical home costs
$513,400, which is 51.8% more expensive than the national average of
$338,100 and 77.5% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Charlotte costs
$1,920 per month, which is 73.0% more than the national average of
$1,110 and 34.9% more than the state average of
$1,250.
Can I afford Charlotte?
To live comfortably in Charlotte (zip 28204), North Carolina, a minimum annual income of
$98,280 for a family, and
$68,000 for a single person is recommended.
What does A.I. say about Charlotte?
The cost of living in 28204 Charlotte, NC is generally higher than the national average. This is due to the fact that living expenses such as housing costs, food, transportation, and entertainment are all significantly higher than the national averages. The median home in 28204 has a value of $278,000 whereas the median home nationally is $218,000. Rent prices in this zip code also have an average of $1,700 per month which is significantly above the national average of $950 per month. Additionally, groceries can be more expensive depending on what you buy and transportation costs can be high depending on your mode of travel. All these costs combined mean that 28204 Charlotte has a higher cost of living than other areas in the US.