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This one is a toss-up because it depends on what matters more to you. less than your current According to the latest BLS data, consumers average over $7,000 per year on food expenses. Mecklenburg County, where Charlotte is located, 62.3% voted Democratin the 2016 presidential election,32.9% voted Republican, and the remaining4.8% voted Independent. See Charlotte's complete City Life page. 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? Since he has 2 children, he needs to have a large apartment. Theres also maintenance, upgrades, taxes and fees to take into account when deciding where to live. Planning a move to another town, city or state? 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. of boneless chicken breast, 0.5 l (16 oz) domestic beer in the supermarket, Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area, Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area, Utilities 1 month (heating, electricity, gas ) for 2 people in 85m2 flat, Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area, Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area, Utilities 1 month (heating, electricity, gas ) for 1 person in 45 m2 (480 sqft) studio, Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands), 1 summer dress in a high street store (zara, h&m or similar retailers), 1 pair of sport shoes (nike, adidas, or equivalent brands), Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new, Taxi trip on a business day, basic tariff, 8 km. As a result, Dallas has a larger population than Charlotte, totaling about 1.3 million people, whereas Charlotte's population is approximately 850,000 people. And it adds up. Prices for goods and services in Charlotte and Dallas are partly crowdsourced by our visitors, just like yourself. A crowdsourced database with a cost of living calculator for prices comparison in 9294 cities in 197 countries all over the world. 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. This is less expensive than the median home price in Charlotte, which is $265,000. Shopping there can considerably reduce, If you love sports, you will love Dallas, TX! Before you get the keys to your new home, you'll have to pay closing costs. Both Dallas and Charlotte feature warm climates, with humid summers and mild winters. Dallas, Texas Charlotte, North Carolina Comparison Cost of living in Dallas, Texas (United States) is 11% more expensive than in Charlotte, North Carolina (United States) We need your help! Our partners compensate us. The total income needed is $2,682 The cost of living in Charlotte is 8% more expensive than in Dallas. Get your true budget and find a home with ease. 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. Items on which the index is based have been carefully chosen to reflect the different categories of consumer expenditures., C2ER was founded in 1961, and continues to exist today as a nonprofit organization, comprising research staff of chambers of commerce, economic development organizations and agencies, and related organizations throughout the United States. C2ER has published its quarterly Cost of Living Index since 1968. And, although Charlotte technically wins here, when compared to other cities, both Dallas and Charlotte offer a considerably low cost of living. Hiring movers will be on the more expensive side. than your current city. Quality of life data (gyms, bars and beauty salons per 1,000 residents) were collected from the Yellow Pages. Just to put that into perspective, Manhattan has an overall score of 238, Seattle has an overall score of 159, Boston has an overall score of 153, and Los Angeles has an overall score of 148. 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. Hopefully you will have a smooth commute in Charlotte, North Carolina, but be prepared for delays. The weather in Dallas is ideal. 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. Jeff may be reached directly at [emailprotected], Both the advantages of Dallas and Charlotte is explained beautifully in here. Get free guidance on changes you can make to afford more home, without spending more. , a nationwide ratings system that evaluates schools based on performance on state achievement tests. Pricing for various packages can vary a lot even in the same location. and Dallas, I am frequently asked how the two cities compare. Price collection by city is conducted in strict conformance with standard specifications at specified times. You could eat out less, cut back on takeout and cook more often. Dallasites are incredibly passionate about sports, especially considering the Dallas Cowboys home games are one of the most highly attended sports events in the United States. of prepaid mobile tariff (no discounts or plans), 1 month of gym membership in business district, Basic lunchtime menu (including a drink) in the business district in, Hourly rate for domestic cleaning help in. According to this analysis, Charlotte is slightly more affordable, offering cheaper housing and utility bills. We believe everyone should be able to make financial decisions with confidence. There are ways to trim that down. $1,734. You would have to earn a salary of $62,735 to maintain your current standard of living. When evaluating offers, please review the financial institutions Terms and Conditions. How is this tool different from other resources out there? 2023 Forbes Media LLC. Both Dallas and Charlotte are large cities that require a car to get around. Ranked 52nd vs 23rd best cities to live in the United States, and 195th vs 104th among the best cities to live in the world. Drivers will, on average, spend around 95 hours per year sitting in traffic, according to the Global Traffic Scorecard. View all the prices in Charlotte, North Carolina: Detailed prices in Charlotte, North Carolina >>, Basic lunchtime menu (including a drink) in the business district, Combo meal in fast food restaurant (big mac meal or similar), 500 gr (1 lb.) lower. Sports tickets can increase your, The average cost of internet access in the U.S. is $66.20 per month. In terms of architectural style, Dallas features mostly Mediterranean or Ranch style homes. 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. The cost of a monthly transit pass in Charlotte, NC is around $88.00. Please consider telling us about your city. Don't hesitate to reach out if you are contemplating moving and have any questions! I can understand why these places are in demand. Americans spend nearly the same amount each year on entertainment as they do on health insurance, according to the BLS. Choosing the right mortgage can help make your home buying journey easier and more affordable. NerdWallet strives to keep its information accurate and up to date. For others, it involves driving your car, and that means factoring in car repairs, gas, tolls and parking. You will enjoy living in Charlotte, North Carolina. NerdWallet excluded state and local tax data because tax rates vary by state and metropolitan area, and sometimes within metropolitan area as well. 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. The time you spend commuting is time you do not have to do other things, so it is valuable. Cost of Living Employers in Charlotte, NC typically pay -1.7% less than employers in Dallas, TX. 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. A salary of $189,000 in Charlotte, North Carolina should increase to $191,464 in Dallas, Texas . This price can vary a lot if the distance is greater and depending on how much is being moved. NC, you'll need a So how do we make money? The sales tax for Dallas is 6.25%. Copyright 2009-2023 Numbeo. higher. For example, the cost of living in San Francisco is twice that of Boise, Idaho. Walkability and public transit scores were obtained fromWalk Score. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. Weekly trips to the grocery store can add up, especially if food costs are high where you live. There are ways to trim that down. Housing Costs. So how do we make money? 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. Make sure you budget for these types of expenses and include them in the first years, The current electric rate cost in Charlotte,NC is 11.07 / kWh, which is up compared to the rest of the United States. 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. Especially with the New Year upon us, you may be contemplating a move or want to weigh the pros and cons of both areas. Food: Weekly trips to the grocery store can add up, especially if food costs are high where you live. You would have to earn a salary of $57,384 to maintain your current standard of living. Renting a truck or renting a moving container is usually cheaper but requires more work. For example, the cost of an unlimited MetroCard in New York was obtained from theMTA website. Rent contributes to a large part of the overall, Looks for areas of Charlotte, North Carolina where there is a large student population. Both cities offer great nightlife and entertainment while also providing an affordable, comfortable place to raise a family. 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. That's probably because we're measuring average costs for the larger metro area, not just the city limits. Education data was provided courtesy ofGreatschools, a nationwide ratings system that evaluates schools based on performance on state achievement tests. Choosing the right mortgage can help make your home buying journey easier and more affordable. Just to put that into perspective, Manhattan has an overall score of 238, Seattle has an overall score of 159, Boston has an overall score of 153, and Los Angeles has an overall score of 148. Pre-qualified offers are not binding. If you are looking for an experienced real estate agent in Dallas to help guide you through your search, contact usto speak with local experts.Significantly more people own a home in Dallas rather than rent, which makes sense given the affordable median cost of homes in the area. 30.04% lower population density? > In terms of space, Dallas is larger than Charlotte, measuring out at 385 square miles compared to Charlotte's 298 square miles. According to the council, C2ER produces the Cost of Living Index to provide a useful and reasonably accurate measure of living cost differences among urban areas. 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. The cost of living in Charlotte is 25% less expensive than in Miami. Current cityIf you can't find a city, you can type the state name to see all cities available in that state. Get free guidance on changes you can make to afford more home, without spending more. Read more from, Some stores like Kroger offer frequent discounts or loyalty programs that can save you even more at the checkout. The cost of living in Charlotte is 4% more expensive than in Houston. How much more or less will pay for the same or similar job be in the new city? Get matched with a top agent in your area. While other resources provide basic cost comparisons. Since groceries are an essential part of you, I love basketball. Privacy Policy. Transportation tends to cost 0.11% > Significantly more people own a home in Dallas rather than rent, which makes sense given the affordable median cost of homes in the area. - Charlotte housing costs are 16.0% more expensive than Dallas housing costs. Sometimes you can get discount tickets on line. Consider the miscellaneous category the catch-all for all other expenses, like the price of groceries, office supplies, clothing, vet services and more. According to the latest BLS data, consumers average over $7,000 per year on food expenses. Price collection by city is conducted in strict conformance with standard specifications at specified times. , Charlotte is slightly more affordable, offering cheaper housing and utility bills. Demands for a living wage that is fair to workers have resulted in numerous location-based changes to minimum wage levels. analyzes the cost of living differences between Charlotte and Dallas based on five categories: grocery, healthcare, housing, miscellaneous, transportation, and utilities. for both cities are included in the chart below: Both Dallas and Charlotte are predominantly liberal. Weekly trips to the grocery store can add up, especially if food costs are high where you live. 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. Here is a list of our partners. The cost of a monthly transit pass in Charlotte, NC is around $88.00. Theres also maintenance, upgrades, taxes and fees to take into account when deciding where to live. (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. That's probably because we're measuring average costs for the larger metro area, not just the city limits. Walkability and public transit scores were obtained fromWalk Score. If the weather is bad, commute time can double! Charlottes architectural style tends to lean more towards Mid-Century Modern, Craftsman, and European (Primarily Victorian and Italianate). 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. In Charlotte, North Carolina I go to a lot of Charlotte Hornets games. Dallas Housing Options Homes For Sale New Homes Most Expensive Homes Charlotte Housing Options Homes For Sale Lowest Priced Homes Getting to work is important. Dallas doesnt have state taxes but property taxes are said to be huge! knowledge handy before you move can help set expectations or help you decide to move somewhere else. How To Find The Cheapest Travel Insurance. There are many providers and various packages that are offered, many that bundle internet, cable, and phone together. While other resources provide basic cost comparisons. 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 cost of living in Dallas, TX is -4.4% lower than in Charlotte, NC. To maintain your standard of living in Charlotte, NC, you'll need a household income of: $44,229 The cost of living is 12% lower in Charlotte, NC See Charlotte's complete City Life. Some employers have company provided day care centers that let you bring your child to work with you and receive care on site. OK92033) Property & Casualty Licenses, NerdWallet | 55 Hawthorne St. - 11th Floor, San Francisco, CA 94105. Homes tend to cost 25.98% 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. Compare Cities 31 nationally. View future changes in the minimum wage in your location by visiting, If you move from Chicago IL, Dallas, TX, or Miami, FL, the percent increase of your, If you move from New York, NY, San Francisco, CA, or Washington, DC, the percent reduction of your. 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. 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. Walkability and public transit scores were obtained from, Monthly bus pass costs were obtained from the individual websites of the public transit system for each city. - The Median Age is 1.4 years older in Charlotte. 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. > You should evaluate the options based on your usage and preferences and pick the best fit for your needs. Pre-qualified offers are not binding. Pre-qualified offers are not binding. In. Walkability and public transit scores were obtained from, Monthly bus pass costs were obtained from the individual websites of the public transit system for each city.