Housing costs in Charlotte?
A typical home costs
$350,700, which is 3.7% more expensive than the national average of
$338,100 and 21.2% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Charlotte costs
$1,600 per month, which is 44.1% more than the national average of
$1,110 and 21.9% more than the state average of
$1,250.
Can I afford Charlotte?
To live comfortably in Charlotte (zip 28273), North Carolina, a minimum annual income of
$67,320 for a family, and
$56,800 for a single person is recommended.
What does A.I. say about Charlotte?
The cost of living in 28273 Charlotte, NC is relatively high compared to the national average. The estimated cost of living in this area is about 4% higher than the U.S. average, and as such it can be difficult to find a place that fits within a budget. The median home value in 28273 Charlotte has increased significantly over the past few years, reaching around $250,000 in 2019. Renting is also expensive due to limited availability; one-bedroom apartments tend to average around $1,200 per month while two-bedrooms are closer to $1,400 per month. Additionally, food and other everyday necessities will eat away at your wallet quickly due to higher prices than what may be expected elsewhere in the country.