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 | Phoenix | Difference |
|---|---|---|---|
| Median rent | $1,399/mo | $1,322/mo | 5.8% higher in A |
| Median home value | $312,800 | $340,200 | 8.1% lower in A |
| Median household income | $74,070 | $72,092 | 2.7% higher in A |
| Groceries index | 102.4 | 103.1 | 0.7% lower in A |
| Utilities index | 100.3 | 123.5 | 18.8% lower in A |
| Transportation index | 88.7 | 102.5 | 13.5% lower in A |
| Healthcare index | 105.6 | 101.2 | 4.4% higher 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 $102,138 in Phoenix to maintain your standard of living.
Climate, safety, and demographics side by side.
Charlotte, NC is about 2.1% cheaper overall than Phoenix, AZ, based on our cost-of-living index. Housing costs are roughly 6% lower in Phoenix than in Charlotte. If you earn $80,000 in Charlotte, you'd need about $81,710 in Phoenix to keep the same standard of living.