Cost of Living: Charlotte, NC vs Raleigh, NC
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 $4,254/mo in Raleigh, NC. In the model, rent is about 21.91% of gross in Charlotte, NC versus 21.39% in Raleigh, NC, so Raleigh, NC tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Charlotte, NC and Raleigh, NC.
At a glance
- Cheaper overall (lower cost-of-living index): Charlotte, NC
- Lower rent (median 1BR/2BR): Raleigh, NC
- Lower home prices: Charlotte, NC
- Higher median household income: Raleigh, NC
Cost of Living Index
Charlotte, NC: 95.6 (U.S. = 100) · Raleigh, NC: 102.6 (U.S. = 100)
Charlotte, NC has a lower cost-of-living index than Raleigh, NC, so a given salary generally stretches further there.
Median Rent
Charlotte, NC: $1,429/mo (midpoint of 1BR/2BR) · Raleigh, NC: $1,395/mo
Median rent in Charlotte, NC is $34/mo higher than in Raleigh, NC.
Median Home Price
Charlotte, NC: $351,500 · Raleigh, NC: $377,800
Median home price in Raleigh, NC is $26,300 higher than in Charlotte, NC.
Median Household Income
Charlotte, NC: $78,438 · Raleigh, NC: $82,424
Raleigh, NC has a higher median household income than Charlotte, NC by $3,986.
Charlotte, NC overview · Raleigh, NC overview · Popular comparisons