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Mecklenburg County · North Carolina

Charlotte cost of living (NC)

Price levels published by the Bureau of Economic Analysis for Charlotte-Concord-Gastonia, NC-SC, with the national average set to 100 — so 108 means things cost 8% more here than the US average.

Cash, receipts and a calculator on a table, illustrating local cost of living data

Quick answer

Charlotte costs 2.7% below the national average — all-items price level 97.3, rank 61 of 94 covered metros. A $100,000 national-average salary needs to be $97,348 here. Utilities is the reason, at 89.2.

All items
97.3US average = 100
Housing
97.62.4% below the national average
Goods
96.63.4% below the national average
Other services
98.21.8% below the national average

Price level by component

Where the difference actually comes from.

ComponentIndexvs USWhat it covers
Goods96.6-3.4%Groceries, fuel, clothing, durable purchases.
Housing97.6-2.4%Rents and imputed rents — the biggest single swing factor.
Utilities89.2-10.8%Electricity, gas, water and other household energy.
Other services98.2-1.8%Healthcare, dining, repairs, personal services.

What your salary is worth in Charlotte, NC

Enter a salary. We deflate it by the local price level (97.3 where 100 is the US average) and show what you would need to earn here to match the same pay somewhere average.

Real value here
$80,575
Needed to match US average
$76,358
Monthly difference
$-173

What a local paycheck is really worth

Nominal pay is only half the story.

$78,438 median household income in Charlotte is worth $80,575 in national-average dollars. BEA calls that real income: income × 100 ÷ 97.3.

Run your own salary through the comparison tool →

Other Charlotte datasets on this site.

Statewide: North Carolina cities · North Carolina ZIP codes · North Carolina sales tax · North Carolina counties

Source: US Bureau of Economic Analysis, Regional Price Parities

2024 BEA Regional Price Parities, published for Charlotte-Concord-Gastonia, NC-SC. Parities are metro-wide, so a single neighbourhood can sit well above or below these figures.