Charlotte, NC Cost of Living (2024): How Expensive Is It?

What Salary Do You Need to Live Comfortably in Charlotte, NC in 2024?

Overall, on average, a gross annual salary of $67,738 is required for an average quality of life in Charlotte, NC.

Is the Cost of Living High in Charlotte, NC?

Charlotte, NC is ranked 217th out of the 333 most populated cities in the U.S. for having the lowest cost of living. Therefore, it is considered one of the expensive cities in which to live in the U.S. Charlotte, NC's average monthly rent is 18% lower than the U.S. average cost of rent.

Is $50,000 a Good Salary in Charlotte, NC in 2024?

A gross annual salary of $50,000 in Charlotte, NC will yield an average annual net salary of $43,632. Considering that the total average annual cost of living in Charlotte, NC is $49,037, a gross annual salary of $50,000 will be insufficient to cover average living costs.

How Much Should You Pay for Rent in Charlotte, NC?

The average monthly rent in Charlotte, NC in the city center is $1,603 for a 1 bedroom apartment, $2,000 for a 2 bedroom apartment and $2,609 for a 3 bedroom apartment. Outside the city center, the average monthly rent in is $1,207 for a 1 bedroom apartment, $1,508 for a 2 bedroom apartment and $1,801 for a 3 bedroom apartment.

The assessments presented on this website, including those related to crime, safety, cost of living, and other location characteristics (e.g., states, cities, towns, villages, neighborhoods, areas, landmarks), are based on various sources and our internal research methods. These assessments are not guaranteed to be accurate or complete and should not be used as the sole basis for making any decisions.