City comparison
Cost indices by category, with the US city average (100) marked.
Index: 100 = US city average. Lower is more affordable.
Side-by-side costs, salaries, and sub-category indices.
| Metric | Charlotte | Minneapolis | Difference |
|---|---|---|---|
| Median rent | $1,399/mo | $1,267/mo | 10.4% higher in A |
| Median home value | $312,800 | $328,700 | 4.8% lower in A |
| Median household income | $74,070 | $76,332 | 3.0% lower in A |
| Groceries index | 97.2 | 103.1 | 5.7% lower in A |
| Utilities index | 90.8 | 99.9 | 9.1% lower in A |
| Transportation index | 98.9 | 104.2 | 5.1% lower in A |
| Healthcare index | 97.2 | 102.8 | 5.5% lower in A |
How much you'd need to earn in the other city to keep the same standard of living.
If you earn $100,000 in Charlotte, you'd need $106,499 in Minneapolis to maintain your standard of living.
Climate, safety, and demographics side by side.
Charlotte, NC is about 6.1% cheaper overall than Minneapolis, MN, based on our cost-of-living index. Housing costs are roughly 6% lower in Charlotte than in Minneapolis. If you earn $80,000 in Charlotte, you'd need about $85,199 in Minneapolis to keep the same standard of living.