Cost of Living Comparison

Chicago vs Charlotte

How does the cost of living in Chicago, IL stack up against Charlotte, NC?

15%

lower cost of living in Charlotte vs Chicago

Median home: $365K → $405K

What this means moving from Chicago to Charlotte

Salary equivalent. A $100,000 salary in Chicago supports roughly the same standard of living as $85K in Charlotte, based on Chicago’s overall index of 117 against Charlotte’s baseline of 100.

Housing budget. The median home in Charlotte runs about $405K versus $365K in Chicago — roughly $40K more to buy in at the middle of the market.

Where the gap is widest. Housing shows the biggest difference of the four categories: Chicago sits at 130 against Charlotte’s 100, a 30-point premium.

Chicago
IL
vs
Charlotte
NC
117
Overall Index
−17 pts
100
130
Housing
−30 pts
100
108
Groceries
−8 pts
100
108
Utilities
−8 pts
100
118
Transportation
−18 pts
100

Indices relative to Charlotte = 100. Sourced from Numbeo & BestPlaces (2024 public data). Treat as directional estimates.

EQUAL HOUSINGOPPORTUNITY
Equal Housing Opportunity

Mike Perlosky, REALTOR®

NC Real Estate License #292411

Christie’s International Real Estate

Ivester Jackson

1515 Mockingbird Lane Suite 900
Charlotte, NC 28209

Office: 704.817.9826·Direct: 704.771.0130

mikeperlosky@ivesterjackson.com

Mike Perlosky is a licensed real estate broker in North Carolina. Christie’s International Real Estate | Ivester Jackson supports the principles of the Fair Housing Act and the Equal Opportunity Act. All information deemed reliable but not guaranteed and should be independently verified. Not intended to solicit properties already listed.

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