Housing costs in Charlotte?
A typical home costs
$329,100, which is 2.7% less expensive than the national average of
$338,100 and 13.8% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Charlotte costs
$1,520 per month, which is 36.9% more than the national average of
$1,110 and 17.8% more than the state average of
$1,250.
Can I afford Charlotte?
To live comfortably in Charlotte (zip 28262), North Carolina, a minimum annual income of
$63,000 for a family, and
$54,000 for a single person is recommended.
What does A.I. say about Charlotte?
The cost of living in 28262 Charlotte, NC is quite reasonable compared to other areas of the United States. The median home value in this area is $250,700, which is lower than the national median by about 8%. On average, rent in Charlotte is around $1,200 per month for a two-bedroom apartment or home. Groceries tend to be slightly more expensive than the national average, but transportation costs are generally very affordable because of the city’s efficient public transit system. Property taxes and sales taxes are slightly higher than the national average as well. Ultimately, living in 28262 Charlotte can be quite affordable when compared to other parts of the country while still offering its residents an excellent quality of life.