Henderson Circle 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.
IndexHenderson CircleCharlotteNorth Carolina
Cost of living index969994
IndexHenderson CircleCharlotteNorth Carolina
Goods & Services index10110198
Groceries index969698
Health care index105105107
Housing index899885
Transportation index969698
Utilities index10010096

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Did you know?

  • The cost of living in Henderson Circle is 2% higher than the Charlotte average.
  • The cost of living in Henderson Circle is 4% lower than the national average.
  • The cost of housing in Henderson Circle is 11% 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.

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Compare Charlotte, NC Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Household$62,714$5,226$1,463$1,882

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 $17.75$16.0910.3%
Beauty Salon $33.80$37.339.5%
Toothpaste $3.18$2.4529.8%
Shampoo $1.17$1.0017.3%
Movie $10.91$10.286.2%
Bowling $5.78$4.9317.1%

Groceries

ItemCharlotteNational avg.Difference
Ground Beef $3.79$3.800.4%
Fried Chicken $1.17$1.4016.2%
Milk $1.87$2.016.7%
Potatoes $2.97$3.011.5%
Pizza $8.52$9.8913.8%
Beer $8.92$8.900.3%

Health Care

ItemCharlotteNational avg.Difference
Optometrist $113.53$102.1611.1%
Doctor $102.91$108.365.0%
Dentist $113.63$92.5322.8%
Ibuprofen $7.03$9.2824.3%
Lipitor $418.61$425.821.7%

Housing

ItemCharlotteNational avg.Difference
Home Price $178,000.00$184,700.003.6%
Avg. Mortgage Payment $971.92$1,202.4419.2%
Apartment Rent $966.00$949.001.8%

Transportation

ItemCharlotteNational avg.Difference
Gasoline $2.14$2.244.8%
Tire Balancing $45.78$46.291.1%

Utilities

ItemCharlotteNational avg.Difference
All Electricity$154.11$165.967.1%
Phone $31.00$28.688.1%
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.
Enochville, NC2,86587-13%
Stanley, NC3,63392-8%
Kannapolis, NC45,68592-8%
Landis, NC3,08288-12%
Belmont, NC10,49495-5%
Charlotte, NC808,83499-1%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Fort Worth, TX815,93096-4%
Columbus, OH837,03889-11%
Indianapolis, IN846,67489-11%
San Francisco, CA850,282202102%
Jacksonville, FL856,61693-7%
Charlotte, NC808,83499-1%
Source: The Henderson Circle, Charlotte, NC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.