Cost of Living in Charlotte, NC
2024 data from the Bureau of Economic Analysis
Cost Index
97.3
2.7% below avg
Housing Index
97.6
Median Income
$76,177
Median Rent
$1,279/mo
Cost Breakdown
Overall97.3 (-2.7%)
Housing97.6 (-2.4%)
Goods96.6 (-3.4%)
Utilities89.2 (-10.8%)
Other Services98.2 (-1.8%)
National average = 100
Income & Housing
Median Household Income
$76,177/year
Median Home Value
$283,000
Median Monthly Rent
$1,279/mo
Per Capita Income
$42,735/year
Compare Charlotte, NC With
Frequently Asked Questions
Is Charlotte, NC expensive to live in?
Charlotte, NC has a cost of living index of 97.3, which is 2.7% below the national average.
How much does housing cost in Charlotte, NC?
Housing costs in Charlotte, NC are indexed at 97.6 compared to the national average of 100. The median monthly rent is $1,279.
What is the average income in Charlotte, NC?
The median household income in Charlotte, NC is $76,177 per year.
What is the average home price in Charlotte, NC?
The median home value in Charlotte, NC is $283,000.