Cost of Living: Charlotte, NC vs Chicago, IL
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,254/mo in Charlotte, NC versus $4,227/mo in Chicago, IL. In the model, rent is about 21.91% of gross in Charlotte, NC versus 20.28% in Chicago, IL, so Chicago, IL tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Charlotte, NC and Chicago, IL.
At a glance
- Cheaper overall (lower cost-of-living index): Charlotte, NC
- Lower rent (median 1BR/2BR): Chicago, IL
- Lower home prices: Chicago, IL
- Higher median household income: Charlotte, NC
Cost of Living Index
Charlotte, NC: 95.6 (U.S. = 100) · Chicago, IL: 98.3 (U.S. = 100)
Charlotte, NC has a lower cost-of-living index than Chicago, IL, so a given salary generally stretches further there.
Median Rent
Charlotte, NC: $1,429/mo (midpoint of 1BR/2BR) · Chicago, IL: $1,323/mo
Median rent in Charlotte, NC is $106/mo higher than in Chicago, IL.
Median Home Price
Charlotte, NC: $351,500 · Chicago, IL: $147,800
Median home price in Charlotte, NC is $203,700 higher than in Chicago, IL.
Median Household Income
Charlotte, NC: $78,438 · Chicago, IL: $56,815
Charlotte, NC has a higher median household income than Chicago, IL by $21,623.
Charlotte, NC overview · Chicago, IL overview · Popular comparisons