Housing costs in Charlotte?
A typical home costs
$699,300, which is 106.8% more expensive than the national average of
$338,100 and 141.7% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Charlotte costs
$1,580 per month, which is 42.3% more than the national average of
$1,110 and 20.9% more than the state average of
$1,250.
Can I afford Charlotte?
To live comfortably in Charlotte (zip 28211), North Carolina, a minimum annual income of
$133,920 for a family, and
$56,000 for a single person is recommended.
What does A.I. say about Charlotte?
The cost of living in Charlotte, NC is relatively inexpensive compared to other areas of the United States. According to BestPlaces.net, the cost of living index in 28211 Charlotte is 95.1 which is below the national average. This means that goods and services are 5.9% cheaper here than they are nationally, making it a great place to live for those on a budget. The median household income in this area is $54,617 which is slightly higher than the national average and helps to offset day-to-day costs such as groceries and utilities. Overall, the cost of living in this area is very reasonable and allows people to enjoy all that Charlotte has to offer without breaking the bank.