Cost of Living: Chapel Hill, NC vs Charlotte, NC
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,254/mo in Chapel Hill, NC versus $4,254/mo in Charlotte, NC. In the model, rent is about 21.62% of gross in Chapel Hill, NC versus 21.91% in Charlotte, NC, so Chapel Hill, NC tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Chapel Hill, NC and Charlotte, NC.
At a glance
- Cheaper overall (lower cost-of-living index): Charlotte, NC
- Lower rent (median 1BR/2BR): Chapel Hill, NC
- Lower home prices: Charlotte, NC
- Higher median household income: Chapel Hill, NC
Cost of Living Index
Chapel Hill, NC: 100 (U.S. = 100) · Charlotte, NC: 95.6 (U.S. = 100)
Charlotte, NC has a lower cost-of-living index than Chapel Hill, NC, so a given salary generally stretches further there.
Median Rent
Chapel Hill, NC: $1,409/mo (midpoint of 1BR/2BR) · Charlotte, NC: $1,429/mo
Median rent in Charlotte, NC is $20/mo higher than in Chapel Hill, NC.
Median Home Price
Chapel Hill, NC: $576,500 · Charlotte, NC: $351,500
Median home price in Chapel Hill, NC is $225,000 higher than in Charlotte, NC.
Median Household Income
Chapel Hill, NC: $85,825 · Charlotte, NC: $78,438
Chapel Hill, NC has a higher median household income than Charlotte, NC by $7,387.
Chapel Hill, NC overview · Charlotte, NC overview · Popular comparisons