Is Charlotte expensive to live in?
Median income: $66,356. Median rent: $1,450. Median home price: $380,000.
Relocation guide · North Carolina
Charlotte, NC city guide. Population is 897,720. Median household income is $66,356. Median rent is $1,450.
Median Rent
$1,450/mo
Median Income
$66,356
State Tax
4.75%
Population
897,720
Cost of living
Median income: $66,356. Median rent: $1,450. Median home price: $380,000.
Median Rent/mo
$1,450
Median Home Price
$380,000
Median Income
$66,356
Rent-to-Income
26%
Taxes
State tax rate: 4.75%. Local tax rate: 7.25%.
State Income Tax
4.75%
Local Tax Rate
7.25%
Climate
Average high: 71°F. Average low: 50°F. Annual rainfall: 44 inches. Sunny days: 213.
Avg High Temp
71°F
Avg Low Temp
50°F
Sunny Days/yr
213
Annual Rainfall
44"
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Median income: $66,356. Median rent: $1,450. Median home price: $380,000.
The median rent in Charlotte is $1,450/month. Median home price is $380,000. Many newcomers rent for the first year to learn the neighborhoods before buying.
State tax rate: 4.75%. Local tax rate: 7.25%.
Charlotte, NC city guide. Population is 897,720. Median household income is $66,356. Median rent is $1,450.
Research neighborhoods carefully — Charlotte has significant variation in cost and lifestyle by area.
Data sourced from U.S. Census Bureau, Bureau of Labor Statistics, and NOAA. Updated 2026.