“What is the Cost of Living Like in Charlotte?”
is a frequent question I get from families considering a move to Charlotte. We’ve been called the third most “affordable city” in the country, here are some more details and comparisons, I point out Portland and Seattle because those are the 2nd and 3rd fastest appreciating cities in the country behind Charlotte.
Charlotte cost of living is 26% less than Portland
Charlotte cost of living is 27% less than Seattle
Charlotte cost of living is 36% less than in Washington DC , 48% less than San Francisco!
Check out the chart of southern cities (thanks Charlotte Chamber)
Cities of 400,000 to 1,000,000 Population
Second Quarter 2007
|
Rank |
City |
All Items Index |
|
1 |
Charlotte, NC | 88.2 |
|
3 |
Memphis, TN | 89.7 |
|
5 |
El Paso, TX | 93.2 |
|
7 |
Austin, TX | 95.1 |
|
9 |
Kansas City, MO-KS | 96.3 |
|
11 |
Detroit, MI | 98.2 |
|
13 |
Jacksonville, FL | 99.4 |
|
15 |
Albuquerque, NM | 100.2 |
|
17 |
Denver, CO | 103.7 |
|
19 |
Las Vegas, NV | 110.8 |
|
21 |
Portland, OR | 120.3 |
|
23 |
Fresno, CA | 120.6 |
|
25 |
Washington, DC | 137.0 |
|
27 |
San Francisco, CA |
169.2 |
Sources: U.S. Department of Commerce – Bureau of Census, 2000; ACCRA – Cost of Living, 2007 Note: Five cities within this population range did not report Cost of Living data to ACCRA.
If you are moving from New York or the Northeast, you will like our property tax rates,and how we compute them. If you are from Florida, you will love our property insurance rates… but as the chart above shows, if you want to live in a larger modern city in the south, there isn’t a better city for cost of living!
And of course Charlotte’s lower cost of living means much more money for the fun things in life!
Come on down, check us out, an save more money for fun!
A couple of other recent articles about the terrific Charlotte real estate market by Forbes.com and ABC News 
I have more great pictures at my Charlotte photo galleries: Uptown Dilworth, SouthPark, Ballantyne Country Club, High GateThere are more than 35 Charlotte galleries in total, I try and add new ones every week.
You can learn more about me at Terry McDonald Real Estate.com or visit my Online Relocation Guide with Terry’s video Intro to Charlotte
People interested in moving to Charlotte, investing in Charlotte, or buying in Charlotte, you deserve expert representation. Give me a call, a try out, and I’ll work every day to make you a raving fan. Terry McDonald
Call me direct at 704-351-1519, and I’ll see you in Charlotte!
