Housing costs in Charlotte?
A typical home costs
$286,100, which is 15.4% less expensive than the national average of
$338,100 and 3.1% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Charlotte costs
$1,170 per month, which is 9.3% more than the national average of
$1,070 and 17.9% cheaper than the state average of
$1,380.
Can I afford Charlotte?
To live comfortably in Charlotte (zip 37036), Tennessee, a minimum annual income of
$54,720 for a family, and
$41,200 for a single person is recommended.
What does A.I. say about Charlotte?
The cost of living in Charlotte, TN (37036) is slightly lower than the national average. It is estimated that a person would need to earn around $50,000 per year to maintain a standard of living in the area. Although housing costs are somewhat higher than the state average, they remain lower than the national average. Groceries and transportation are significantly cheaper than most places in Tennessee and even lower than the national averages. Overall, residents of Charlotte can expect to enjoy a relatively reasonable cost of living when compared to other areas of the country.