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Charlotte Real Estate

Charlotte Cost of Living

November 14, 2013

Charlotte Cost of Living

Charlotte view from Southend

How does the Queen City compare to the rest?

Big cities surely are expensive. I have lived in most of them. I can always remember coming to Charlotte, and getting a chicken sandwich at Tender’s in Cornelius, for $4 and I was SOLD. According to Forbes Magazine, Charlotte ranks #19 in places to live for Business and Careers. With a population of 1,836,000 Charlotte is no longer the sleepy southern town it once was. Compared to a little sister of Atlanta, Charlotte since 2007 has stepped it up with restaurants, shopping, and better transportation.

  1. Charlotte is powered by the financial industry, motorsports and Duke Energy.

    *Median Household income is $55,572
    *Unemployment 8.9%
    *Job growth 3.15
    *Cost of living 1.3% above the national average

    70 people move to Charlotte a day

    Charlotte has become the second largest banking center second to NEW YORK CITY. Charlotte has the professional sports teams: Carolina Panthers, Charlotte Bobcats, and the minor league Charlotte Knights. The new National White Water Center is a popular attraction, and don’t forget NASCAR. There are a handful of well known universities in Charlotte, Queens College, Johnson and Wales, and UNC Charlotte.

    Charlotte Cost of Living: Eating

    Compared to NYC, it is much more manageable. However, the culinary skills have improved outside your fried chicken stop. The median price for a meal is $8.
    Most upscale restaurants will be around $20, per person, without alcohol.

    Charlotte Cost of Living Breakdown

    Average cost of a 2 bedroom apartment $818
    Average cost of a home with 2400 sq ft, $224,594
    Average cost of energy $147, however my bill for a small place was $35 a month!
    Average cost of gas unleaded $3.54
    Average cost of a hamburger at McDonalds $3.41
    Average cost of pizza is $10
    Average cost of a movie $10
    Average cost of a 6-pack Heineken $8.49

    Charlotte Cost of Living

    In Charlotte you can live in a 4 bedroom home, for $160,000 or $400,000 depending on the area. There are many areas of Charlotte to consider living in. If you are looking to move to the Charlotte area, I would be happy to help you navigate the Queen City, to find not only the perfect home, but the right price.

    Please contact me at (704)604-2999 visit my site at www.daniellewasser.com

    Homes for sale in the $166,000-$800,000 price range.

    Customize your own search at www.daniellewasser.com

    RE/MAX Executive Realtor Danielle Edwards