Washington vs Charlotte: Cost of Living

28%

Washington is about 28% more expensive than Charlotte overall.

How Washington Compares to Charlotte

Category by category

Renting ▲ 12%
Buying ▲ 70%
Goods ▲ 10%
Services ▲ 60%

Key Facts

WashingtonCharlotte
Median Rent$1,931/mo$1,720/mo
Median Home$733,400$431,900
Median Income$109,707$86,416
State Income TaxUp to 5.75%4.25% flat
Sales Tax6%7.25%

Housing: The Biggest Difference

Charlotte has the lower median home price by $301,500. Monthly rent is $211/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.

Washington vs Charlotte FAQ

Rent is $211/month cheaper in Charlotte. Washington's median rent is $1,931/month, while Charlotte's is $1,720/month. Source: Census ACS 2024.

Charlotte has the lower median home price at $431,900, saving $301,500 compared to Washington. Source: Census ACS 2024.