In. The same type of job in the same type of company in Houston, TX will typically pay $62,782 . The cost of living in Charlotte is 4% more expensive than in Houston. Education data was provided courtesy ofGreatschools, a nationwide ratings system that evaluates schools based on performance on state achievement tests. Cities ranked 463rd and 71st ( $2038 vs $2729) in the list of the most expensive cities in the world and ranked 365th and 59th in the United States. 950 people/km vs 1358 people/km 16.00$ cheaper monthly public transport ticket? Monthly bus pass costs were obtained from the individual websites of the public transit system for each city. Whether you use a cost of living index or a cost of living calculator, each will help you feel more confident in deciding where to live. $2,318. Consider the miscellaneous category the catch-all for all other expenses, like the price of groceries, office supplies, clothing, vet services and more. 2023 Compare Cities Cost of Living: Dallas, TX vs Charlotte, NC This price can vary a lot if the distance is greater and depending on how much is being moved. Quality of life data (gyms, bars and beauty salons per 1,000 residents) were collected from the Yellow Pages. Cost of Living Comparison between Charlotte, NC vs Dallas, TX knowledge handy before you move can help set expectations or help you decide to move somewhere else. You could eat out less, cut back on takeout and cook more often. Dallas tends to get very hot in the summer, more so than Charlotte, but it also has lower humidity and less rain. This price can vary a lot if the distance is greater and depending on how much is being moved. You would have to earn a salary of $57,384 to maintain your current standard of living. In contrast to Dallas, just under half of Charlotte households rent.In terms of architectural style, Dallas features mostly Mediterranean or Ranch style homes. You should factor this commuting time into your overall. You could eat out less, cut back on takeout and cook more often. Walkability and public transit scores were obtained fromWalk Score. Privacy Policy. In the 2016 presidential election, 60.2% of individuals in Dallas County voted Democrat, 34.3% voted Republican, and the remaining 5.4% voted Independent. Austin, TX. NerdWallet Compare, Inc. NMLS ID# 1617539, NMLS Consumer Access|Licenses and Disclosures, California: California Finance Lender loans arranged pursuant to Department of Financial Protection and Innovation Finance Lenders License #60DBO-74812, Property and Casualty insurance services offered through NerdWallet Insurance Services, Inc. (CA resident license no. Energy costs in Charlotte,NC are generally going up. Charlotte has a burgeoning sports scene as well, but their real pride is the Charlotte Motor Speedway, home to the annual Coca-Cola 600 and the longest race in NASCAR. Copyright 2009-2023 Numbeo. It's challenging to find a city that offers a great quality of life, convenience, and affordability and Dallas and Charlotte offer all of that and more. Copyright 2009-2023 Numbeo. The weather in Dallas is ideal. A movie ticket, a pint of beer, box seats at a baseball game they can all come with a different price tag depending upon where you live. NerdWallets cost of living calculator is powered by data from The Council for Community and Economic Research (C2ER). And it adds up. The cost of living in Dallas is higher than in Charlotte. cost of living in charlotte, nc vs dallas, tx https://iccleveland.org/wp-content/themes/icc/images/empty/thumbnail.jpg 150 150 ICC ICC https://iccleveland.org/wp . This one is a toss-up because it depends on what matters more to you. Do not sell or share my personal information. Charlotte vs Houston comparison: Cost of Living & Salary Planning a move to another town, city or state? Your lifestyle and what you prioritize will also play into whether a particular destination is suitable for your salary and ideal cost of living. The average after-tax salary is enough to cover living expenses for 1.8 months in Charlotte compared to 2.2 months in Dallas. Both Dallas and Charlotte are among the fastest-growing metropolitan areas in the United States, with Dallas' metropolitan area comprising 6.25 million people and Charlotte's metro area comprising more than 2.5 million people. Get free guidance on changes you can make to afford more home, without spending more. Diff. According to the BLS, transportation is the second-largest expense consumers have.For some, these costs include taking public transportation. The time you spend commuting is time you do not have to do other things, so it is valuable. The cost of a monthly transit pass in Charlotte, NC is around $88.00. Charlotte, NC. It's challenging to find a city that offers a great quality of life, convenience, and affordability and Dallas and Charlotte offer all of that and more. This cost is ranked NO. Energy costs in Charlotte,NC are generally going up. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. There are ways to trim that down. Get your true budget and find a home with ease. The Charlotte metropolitan area's population ranks 22nd in the U.S., and had a 2016 population of 2,474,314. The chart below demonstrates the climate differences between Dallas and Charlotte: Both Dallas and Charlotte offer a vibrant community of forward-thinking, hard-working, and well-educated individuals. Disclaimer: NerdWallet strives to keep its information accurate and up to date. However, there are of course several differences as well. Entertainment: A movie ticket, a pint of beer, box seats at a baseball game they can all come with a different price tag depending upon where you live. 2023 Forbes Media LLC. Dallas Housing Options Homes For Sale New Homes Most Expensive Homes But even then, the price of groceries is going to significantly influence your cost of living. Weekly trips to the grocery store can add up, especially if food costs are high where you live. Private school data was obtained from the Department of Education, and average private tuition was compiled by averaging tuition across randomly selected schools in each city. A cost of living index allows you to directly compare what it costs to live in one area against another, helping you understand how far your money can go in each place. of Prepaid Mobile Tariff Local (No Discounts or Plans), Internet (60 Mbps or More, Unlimited Data, Cable/ADSL), Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child, International Primary School, Yearly for 1 Child, 1 Summer Dress in a Chain Store (Zara, H&M, ), Price per Square Meter to Buy Apartment in City Centre, Price per Square Meter to Buy Apartment Outside of Centre, Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate. Dallas, TX vs Charlotte, NC Change Cities Highlights - Charlotte is 0% more densely populated than Dallas. Cost of Living Comparison between Charlotte, NC vs Houston, TX You will enjoy living in Charlotte, North Carolina. NC, you'll need a Get matched with a top agent in your area. Compare Cities Privacy Policy. One of most important determinations you need to make before moving to a new city or town is how much it will cost to live there. Cost of Living Comparison Between Charlotte, NC, United States - Numbeo Here is a list of our partners. Because the price of goods and services varies from one city to the next, calculating the cost of living will determine how affordable it is to live in a certain area. Using these numbers, we calculated the net change in annual disposable income that a move to the new city will have on your wallet and lifestyle. This information may be different than what you see when you visit a financial institution, service provider or specific products site. Private school data was obtained from the Department of Education, and average private tuition was compiled by averaging tuition across randomly selected schools in each city. It is important to note that a score of 100 represents the average cost of that category in the United States, and these metrics are based on Q1 2019 data. Cost of Living Calculator | Dallas, TX vs. Charlotte, NC - NerdWallet Monthly bus pass costs were obtained from the individual websites of the public transit system for each city. Hiring movers will be on the more expensive side. Just like with food costs, you can curb how much you spend on entertainment by altering your behavior. 80.00$ vs 96.00$ 52$ billion higher GDP (PPP)? Since groceries are an essential part of you, I love basketball. Utilities tend to cost 4.81% Jeff and his team of REALTORS work all across the entire DFW Metroplex helping both buyers and sellers with condos, townhomes and single-detached properties. And, although Charlotte technically wins here, when compared to other cities, both Dallas and Charlotte offer a considerably low cost of living. While I understand the big box, national portal sites like Zillow, Trulia, & Realtor.com are popular with consumers, you You might be closer to buying the home of your dreams than you think. Jeff's real estate articles and opinions have been featured on websites like Realtor.com, Fox News, U.S. News & World Reports, Inman, RISMedia, and more. Some areas have more affordability and availability of healthcare options than others, and depending on your specific needs, you may need to prioritize moving to areas with lower healthcare costs. $3,492. lower in Charlotte, The cost of electricity in Texas has gone up by 1.883% in the past year. One tip to reduce this cost and your overall, The average cost of moving to another state is around $5,600 for a distance of 1,200 miles. Home prices, property taxes and monthly rents vary from state to state, city to city, town to town and even neighborhood to neighborhood.For homeowners, there are more expenses to consider than just the monthly mortgage payment. Theres also maintenance, upgrades, taxes and fees to take into account when deciding where to live. Private school data was obtained from the Department of Education, and average private tuition was compiled by averaging tuition across randomly selected schools in each city. Proximity to employment is an important consideration because it can drastically impact your cost of living. Get free guidance on changes you can make to afford more home, without spending more. Some employers have company provided day care centers that let you bring your child to work with you and receive care on site. How does Charlotte compare to Dallas? Do not sell or share my personal information. Located in the Piedmont, it is the county seat of Mecklenburg County. Another way to make your move easier and save money is by weeding out items you dont need anymore. This comparison is lacking data. Americans spend nearly the same amount each year on entertainment as they do on health insurance, according to the BLS. And while our site doesnt feature every company or financial product available on the market, were proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward and free. But even then, the price of groceries is going to significantly influence your cost of living. 2023 Cost of Living Calculator: compare Charlotte, North Carolina to Walkability and public transit scores were obtained fromWalk Score. Jeff Knox is the Broker Owner of Knox & Associates REALTORS in DFW and the creator of most of the content on KnoxRE. Pricing for various packages can vary a lot even in the same location. NerdWallet strives to keep its information accurate and up to date. How Much Down Payment Do You Need to Buy a Home. For example, the cost of an unlimited MetroCard in New York was obtained from theMTA website. But even then, the price of groceries is going to significantly influence your cost of living. Tell us your opinion about traffic in Dallas, TX. In those areas you will be sure to find lots of free or cheap events to go to and plenty of cheap places to eat. Do these housing costs seem low to you? Choosing the right mortgage can help make your home buying journey easier and more affordable. Whether youre a commuter via your own vehicle or public transportation, considering factors like the price of gas and monthly cost of taking a train or bus is crucial when budgeting for your move. It is comprised of nearly 100,000 data points gathered primarily by C2ER members located in 400 cities.. Cost of Living Comparison between Dallas, TX vs Charlotte, NC Price collection by city is conducted in strict conformance with standard specifications at specified times. There are so many reasons to love both cities; it's hard to go wrong with either choice. Before you get the keys to your new home, you'll have to pay closing costs. Have a yard sale or find a local charitable organization and donate items you no longer use. Charlotte is snowier than Dallas, with an average of 4.3 inches of snow per year, whereas Dallas only sees about 1.2 inches of snow per year. Relocation Comparison: North Carolina vs Texas Stores like Costco Wholesale are known to offer low prices. Charlotte, NC vs Dallas, TX, Copyright 2009-2023 Numbeo. The cost of living in Houston, TX is -9.6% lower than in Charlotte, NC. Whether thats a mortgage or rent, a large percentage of your salary will go toward your housing expenses each month. And while our site doesnt feature every company or financial product available on the market, were proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward and free. Keep in mind that the tickets tend to be expensive, so you need to manage your entertainment budget carefully. 110$ billion vs 58$ billion 1.05$ lower cost of one single transportation ticket? This is the tax that you will pay on things that you buy. Cost of Living Calculator | Charlotte, NC vs. Dallas, TX - NerdWallet Americans spend nearly the same amount each year on entertainment as they do on health insurance, according to the BLS. Just like with food costs, you can curb how much you spend on entertainment by altering your behavior. This is the tax that you will pay on things that you buy. Here is a list of our partners. A salary of $189,000 in Charlotte, North Carolina should increase to $191,464 in Dallas, Texas . Dallas falls behind Charlotte as the 21st most congested city in the U.S., with residents spending about 76 hours per year sitting in traffic. ), 1 min. Dallas vs Charlotte? Suburb living. (cost, state, better, compared Drivers will, on average, spend around 95 hours per year sitting in traffic, according to the Global Traffic Scorecard. The cost of living in Dallas, TX is -4.4% lower than in Charlotte, NC. Make sure you include these moving costs into the overall. The median property tax in North Carolina is $1,209 per year for a home worth the median value of $155,500. For example, the cost of an unlimited MetroCard in New York was obtained from the. The rule of thumb is not to spend more than 30% of your total income on housing. You could eat out less, cut back on takeout and cook more often. Charlotte vs Dallas comparison: Cost of Living & Salary It is important to note that a score of 100 represents the average cost of that category in the United States, and these metrics are based on Q1 2019 data. Ask your employer if they offer discounted passes to save even more money and reduce your cost of commuting and overall, View Minimum Wage Values in Dallas and Charlotte Compared with the Cost of Living. Don't hesitate to reach out if you are contemplating moving and have any questions! NerdWallet strives to keep its information accurate and up to date. The average time for commuting in Charlotte is 38.02 minutes. See Charlotte's complete City Life page. Terms of Use and When evaluating offers, please review the financial institutions Terms and Conditions. While other resources provide basic cost comparisons. Mortgage preapproval is the smartest hack to homebuying and among the most misunderstood. Here's what lenders want before they'll preapprove you for a home loan. We believe everyone should be able to make financial decisions with confidence. Cost of Living Due to the plethora of state taxes, local taxes, jurisdictions and assessment procedures involved in the assessment of income, property and sales taxes, local tax rates cannot be accurately calculated. Cost of Living Comparison Between Dallas, TXand Charlotte, NC You would need around 6,466.9$in Charlotte, NCto maintain the same standard of life that you can have with 6,000.0$ This calculation uses our Cost of Living Plus Rent Index to compare cost of living. less than your current Pre-qualified offers are not binding. Both Dallas and Charlotte boast a well-educated population, with around 42 percent of those in Charlotte having graduated college and about a third in Dallas. Otherhand charlotte has other benefits. This price can vary a lot if the distance is greater and depending on how much is being moved. Core cost of living data is fromThe Cost of Living Index - COLIfrom the Council for Community and Economic Research. (5 miles), Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands), Short visit to private doctor (15 minutes), Standard men's haircut in expat area of the city, Basic dinner out for two in neighborhood pub, 2 tickets to the theater (best available seats), Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert, 1 beer in neighbourhood pub (500ml or 1pt. Source: Wikipedia (as of 04/11/2019). In Mecklenburg County, where Charlotte is located, 62.3% voted Democratin the 2016 presidential election,32.9% voted Republican, and the remaining4.8% voted Independent. Even if your employer is covering the cost of a move, there will still be costs that are not covered. But even then, the price of groceries is going to significantly influence your cost of living. The expenses that factor into cost of living can include housing affordability, transportation expenses, food prices and entertainment costs. For others, it involves driving your car, and that means factoring in car repairs, gas, tolls and parking. Home prices, property taxes and monthly rents vary from state to state, city to city, town to town and even neighborhood to neighborhood.For homeowners, there are more expenses to consider than just the monthly mortgage payment. Charlotte, NC Dallas, TX Median 2-bedroom apartment rent $1,447 $1,594 Median home price (3BR, 2BA) $356,551 $421,383 Do these housing costs seem low to you? Price collection by city is conducted in strict conformance with standard specifications at specified times. When evaluating offers, please review the financial institutions Terms and Conditions. Texas Real Estate Commission Consumer Protection Notice, Texas Real Estate Commission Information About Brokerage Services. lower According to the BLS, transportation is the second-largest expense consumers have.For some, these costs include taking public transportation. the estimated difference in money purchasing power. Both Dallas and Charlotte feature warm climates, with humid summers and mild winters. The cost of electricity can have a bigger than average impact of your overall, I am single and live in Charlotte,NC, I rent a small studio and the monthly rent is $1125 . A cost of living index allows you to directly compare what it costs to live in one area against another, helping you understand how far your money can go in each place. Familiarize yourself with the places where students hang out, and take advantage of discounted or bargain prices, you are sure to be able to keep your. Charlotte (/rlt/) is the most populous city in the U.S. state of North Carolina. Home prices, property taxes and monthly rents vary from state to state, city to city, town to town and even neighborhood to neighborhood.For homeowners, there are more expenses to consider than just the monthly mortgage payment. The tickets are expensive and add to my entertainment expenses, increasing my, The average cost of internet access in the U.S. is $66.20 per month. It provides a decent comparison, but it is not yet reliable. Both Dallas and Charlotte share some characteristics in that they offer warm temperatures with mild winters, a lower cost of living compared to other major cities, and other similarities. How Much Down Payment Do You Need to Buy a Home. Here are two important questions and the numbers to you will need to answer those questions: How much more or less will it cost to live in the new city? One of most important determinations you need to make before moving to a new city or town is how much it will cost to live there. NC. The sales tax for Dallas is 6.25%. There are many providers and various packages that are offered, many that bundle internet, cable, and phone together. from the Council for Community and Economic Research. This information may be different than what you see when you visit a financial institution, service provider or specific products site.