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. For those who have furry, scaly, or feathery children, vet visits in Charlotte are on average with other cities in the United States. Charlotte's cost-of-living index is 98.9, which means that the city is 1.1% less expensive than the average cost of living in the United States.
If you're looking for another cost-effective neighborhood, check out University City, a good option if you're looking for a great place to live, work and play, or if you're a college student at the University of North Carolina at Charlotte. The cost of housing in Charlotte is slightly higher than the North Carolina average, but lower than the national average despite the city's rapid growth rate. 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. Nicknamed the Queen City after Charlotte of Mecklenburg-Strelitz, the queen consort during the time the city was founded, Charlotte is one of the largest shopping centers in North Carolina.
Housing in Charlotte costs 30% less than in other areas of the United States, while most other cost-of-living factors are on par with the U.S. average.