Charlotte cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexCharlotteNorth CarolinaNational
Cost of living index9996100
IndexCharlotteNorth CarolinaNational
Goods & Services index97101100
Groceries index100100100
Health care index101104100
Housing index9685100
Transportation index100102100
Utilities index110100100

Did you know?

  • The cost of living in Charlotte is 3% higher than the North Carolina average.
  • The cost of living in Charlotte is 1% lower than the national average.
  • The cost of housing in Charlotte is 4% lower than the national average.
  • North Carolina general sales tax is 7% lower than the national average.
  • North Carolina state income tax is 159% higher than the national average.
Location
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Location
Price
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Compare Charlotte, NC Cost of living To Other Cities

North Carolina Sales Tax

StateGeneral Sales TaxWith Max Surtax
North Carolina4.75%7.5%

North Carolina Income Tax

StateIncome Tax (Low)Income Tax (High)
North Carolina5.75%5.75%

Goods & Services

ItemCharlotteNational avg.Difference
Haircut $12.40$14.5915.0%
Beauty Salon $36.40$34.685.0%
Toothpaste $2.52$2.471.9%
Shampoo $1.08$1.025.7%
Movie $10.39$9.875.3%
Bowling $5.97$4.3935.9%

Groceries

ItemCharlotteNational avg.Difference
Ground Beef $4.51$4.480.7%
Fried Chicken $1.59$1.468.6%
Milk $2.59$2.369.9%
Potatoes $3.37$3.0610.1%
Pizza $8.49$9.248.1%
Beer $8.34$8.633.4%

Health Care

ItemCharlotteNational avg.Difference
Optometrist $119.20$99.7819.5%
Doctor $95.20$105.039.4%
Dentist $91.20$88.702.8%
Ibuprofen $9.12$9.413.1%
Lipitor $322.28$298.508.0%

Housing

ItemCharlotteNational avg.Difference
Home Price $173,200.00$181,400.004.5%
Avg. Mortgage Payment $879.18$1,081.0318.7%
Apartment Rent $868.00$889.002.4%

Transportation

ItemCharlotteNational avg.Difference
Gasoline $2.19$2.094.9%
Tire Balancing $39.18$45.2913.5%

Utilities

ItemCharlotteNational avg.Difference
All Electricity$170.61$170.800.1%
Phone $35.01$28.2623.9%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Lowell, NC3,49590-10%
Stanley, NC3,55891-9%
Mount Holly, NC13,50695-5%
Hemby Bridge, NC1,35895-5%
McAdenville, NC54196-4%
Charlotte, NC740,93199-1%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Fort Worth, TX743,86595-5%
Detroit, MI721,45982-18%
Columbus, OH790,16889-11%
Austin, TX799,9391044%
San Francisco, CA807,75518484%
Charlotte, NC740,93199-1%
Source: The Charlotte, NC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.