CostByCity

Charlotte, NC vs Phoenix, AZ

Cost of Living Comparison

Charlotte, NC is more affordable by 6.0 index points

Side-by-Side Comparison

CategoryCharlotte, NCPhoenix, AZDifference
Overall97.3103.3-6.0
Housing97.6121.2-23.6
Goods96.695.0+1.6
Utilities89.293.3-4.2
Other Services98.2104.0-5.8

Income & Housing Comparison

MetricCharlotte, NCPhoenix, AZ
Median Household Income$76,177$79,935
Median Home Value$283,000$360,600
Median Monthly Rent$1,279$1,432
Per Capita Income$42,735$40,787

Frequently Asked Questions

Is Charlotte, NC or Phoenix, AZ cheaper to live in?
Charlotte, NC is more affordable. The cost of living difference is 6.0 index points (Charlotte, NC: 97.3, Phoenix, AZ: 103.3).
Where is housing cheaper, Charlotte, NC or Phoenix, AZ?
Housing is more affordable in Charlotte, NC. Housing index: Charlotte, NC (97.6) vs Phoenix, AZ (121.2).