Housing costs in Charlotte?
A typical home costs
$273,000, which is 19.3% less expensive than the national average of
$338,100 and 5.6% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Charlotte costs
$1,120 per month, which is 0.9% more than the national average of
$1,110 and 11.6% cheaper than the state average of
$1,250.
Can I afford Charlotte?
To live comfortably in Charlotte (zip 28208), North Carolina, a minimum annual income of
$52,200 for a family, and
$39,600 for a single person is recommended.
What does A.I. say about Charlotte?
The cost of living in 28208 Charlotte, NC is fairly affordable. The median home price is $253,000, which is slightly lower than the national average. The median household income in the area is $63,002 and the cost of living index is 97.9 out of 100, making it one of the more affordable places to live in North Carolina. Utilities are also reasonably priced compared to other cities in the region. Groceries and transportation costs are comparable to other areas across the state as well. All in all, residents can expect to enjoy a relatively low cost of living in 28208 Charlotte, NC.