Housing costs in Charlotte?
A typical home costs
$303,400, which is 10.3% less expensive than the national average of
$338,100 and 4.9% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Charlotte costs
$1,360 per month, which is 22.5% more than the national average of
$1,110 and 8.1% more than the state average of
$1,250.
Can I afford Charlotte?
To live comfortably in Charlotte (zip 28212), North Carolina, a minimum annual income of
$57,960 for a family, and
$48,000 for a single person is recommended.
What does A.I. say about Charlotte?
The cost of living in Charlotte, NC (28212) is slightly higher than the national average. According to the Cost of Living Index for 28212, groceries, housing, utilities and transportation are all slightly higher than the U.S. average. The median home price in Charlotte is around $250,000 and the median rent price is around $1,400 per month. The cost of living is further impacted by taxes; sales tax and income tax rate both fall somewhere in the middle range when compared to other states. In general, Charlotte offers an array of affordable amenities and activities that make it an attractive place to live for different lifestyles and budgets.