Public services in Charlotte are on par with the U.S. average. Do you have questions about how the cost of living can affect long-term financial plans? Talk to a financial advisor today. Charlotte is located in Mecklenburg County, which has a sales tax of 7.25%.
In addition, the average effective property tax rate in Mecklenburg County is 1.05%. That exceeds North Carolina's state average of 0.77%. Do you have any questions? Ask our homebuying expert. An award-winning writer with more than two decades of experience in real estate.
There's ample free parking in Charlotte for those who don't mind walking five minutes to their final destination. The third most affordable major city in North Carolina on the list is Raleigh, with a cost-of-living index of 93.5.Whether you want to live in the heart of the city center or are looking for a quiet neighborhood with space and amenities, you'll find it in Charlotte. Compared to the national average, for every 100 inhabitants, the cost of living in Charlotte is 98.9, making it only slightly cheaper overall than in other areas of the country. Come prepared with all the rental documents, identification and documentation to get the best deal on an apartment in Charlotte.
Charlotte is home to one of the most important music scenes in the state, so residents can experiment with several genres. As across the country, Charlotte's rentals are more affordable in nearly every neighborhood.
Building ahouse from the bottom up is one of the smartest decisions you can make if you're looking for a new home in Charlotte, North Carolina. Charlotte has a low unemployment rate of 3.7% and its labor market improved by 2.7% over the past year.
For those who have furry, scaly, or feathery children, vet visits in Charlotte are on average with other cities in the United States. You'll need to keep your nightlife budget in mind when you live in Charlotte, as going out to the city every night adds up quickly. Longtime residents and those who recently moved to Charlotte enjoy how far their money can go in most areas of the city. Health care is another major expense to consider when considering the cost of living in Charlotte.
Potential buyers can even find small bungalows that suit their needs and tastes in some Charlotte neighborhoods.