Austin vs Charlotte: Cost of Living

10%

Austin is about 10% more expensive than Charlotte overall.

How Austin Compares to Charlotte

Category by category

Renting ▲ 3%
Buying ▲ 32%
Goods ▼ 4%
Services ▲ 30%

Key Facts

AustinCharlotte
Median Rent$1,770/mo$1,720/mo
Median Home$571,000$431,900
Median Income$90,430$86,416
State Income TaxNone4.25% flat
Sales Tax8.25%7.25%

Housing: The Biggest Difference

Charlotte has the lower median home price by $139,100. Monthly rent is $50/month cheaper in Charlotte.

Compare With Your Salary

Sources: Housing from Census ACS 2024. Goods and services from BEA Regional Price Parities 2023. Taxes from Tax Foundation. Full disclaimer.

Austin vs Charlotte FAQ

Rent is $50/month cheaper in Charlotte. Austin's median rent is $1,770/month, while Charlotte's is $1,720/month. Source: Census ACS 2024.

Charlotte has the lower median home price at $431,900, saving $139,100 compared to Austin. Source: Census ACS 2024.