Housing costs in Charlotte?
A typical home costs
$613,300, which is 81.4% more expensive than the national average of
$338,100 and 112.0% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Charlotte costs
$2,000 per month, which is 80.2% more than the national average of
$1,110 and 37.5% more than the state average of
$1,250.
Can I afford Charlotte?
To live comfortably in Charlotte (zip 28203), North Carolina, a minimum annual income of
$117,360 for a family, and
$70,800 for a single person is recommended.
What does A.I. say about Charlotte?
The cost of living in 28203 Charlotte, NC is slightly higher than the national average. According to BestPlaces, the cost of living index in Charlotte is around 31.7% higher than the national average. The cost of housing is particularly high in Charlotte. Renting a one bedroom apartment averages around $925/month and a three bedroom apartment averages around $1,400/month. Grocery prices are also on the higher side with an average cost for a basic grocery basket at $42.89 compared to the national average of $38.50. Additionally, transportation costs can be quite high depending on your mode of transportation with an average monthly bus pass costing $68 or an unlimited monthly subway pass at $96.