Housing costs in Charlotte?
A typical home costs
$293,300, which is 13.3% less expensive than the national average of
$338,100 and 1.4% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Charlotte costs
$1,120 per month, which is 0.9% more than the national average of
$1,110 and 11.6% cheaper than the state average of
$1,250.
Can I afford Charlotte?
To live comfortably in Charlotte (zip 28206), North Carolina, a minimum annual income of
$56,160 for a family, and
$39,600 for a single person is recommended.
What does A.I. say about Charlotte?
The cost of living in 28206 Charlotte, NC is relatively high compared to the national average. According to BestPlaces, the cost of living index in Charlotte is 131.01, which is 31.01% higher than the U.S. average of 100. Other areas like groceries and transportation are also more expensive, with prices being 18.58% and 20.18% higher than the national average respectively. Housing is one of the biggest expenses for residents, with rent prices at a median of $1,400 per month for a one-bedroom apartment and nearly double that amount for a three-bedroom apartment. Overall, living costs in 28206 Charlotte, NC can be quite expensive for those looking to move to or from the area.