Cost of Living in Charlotte, NC
Charlotte's cost of living index is 98 — 2% less expensive than the national average. North Carolina has a state income tax and a statewide COL index of 96.
COL Index
98
100 = national avg
Monthly Budget
$4,900
vs $5,000 national
Population
0.9M
Metro area
State Tax
Yes
North Carolina
Monthly Cost Breakdown
Estimated monthly costs in Charlotte vs national average for a typical household.
| Category | National Avg | Charlotte | Difference |
|---|---|---|---|
| Housing | $1,650 | $1,601 | -$49 |
| Groceries | $650 | $640 | -$10 |
| Transportation | $800 | $786 | -$14 |
| Healthcare | $400 | $394 | -$6 |
| Utilities | $300 | $294 | -$6 |
| Other | $1,200 | $1,181 | -$19 |
| Total | $5,000 | $4,900 | -$100 |
Salary Equivalent
To maintain the same standard of living in Charlotte, a national-average salary translates to:
$50,000 nationally
$49,000
$75,000 nationally
$73,500
$100,000 nationally
$98,000
$150,000 nationally
$147,000