Cost of Living in Charlotte, North Carolina
Charlotte has a population of about 903,844. The median household income is $82,068, median gross rent is $1,612/month, and the median home value is $385,700. Below is how Charlotte compares to the US.
Is Charlotte expensive to live in?
Compared with the national median, rent in Charlotte is about the national median and home values are about the national median. Household income here is about the national median. Monthly rent represents roughly 24% of the median annual household income, a rough affordability signal for renters.
Frequently asked questions
What is the average rent in Charlotte?
The median gross rent in Charlotte, North Carolina is $1,612 per month (US Census ACS).
What is the median home price in Charlotte?
The median home value in Charlotte is $385,700.
How much do people earn in Charlotte?
The median household income in Charlotte is $82,068 per year.
Data source: U.S. Census Bureau, 2024 American Community Survey (ACS) 5-Year Estimates. Last updated 2026-07-11.