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 $1125 . Jeff may be reached directly at [emailprotected], Both the advantages of Dallas and Charlotte is explained beautifully in here. and accompanying city life tool go one step further by offering information on schools, quality of life and demographics, giving users a one-stop shop to explore new cities. Using these numbers, we calculated the net change in annual disposable income that a move to the new city will have on your wallet and lifestyle. Both Dallas and Charlotte share some characteristics in that they offer warm temperatures with mild winters, a lower cost of living compared to other major cities, and other similarities. Cost of Living Comparison Between Charlotte, NCand Dallas, TX You would need around 5,982.8$in Dallas, TXto maintain the same standard of life that you can have with 6,400.0$ This calculation uses our Cost of Living Plus Rent Index to compare cost of living. The cost of living calculated as a consumer basket for a moderate lifestyle in developed countries and thus might seem too high for some least developed countries where maintaining such a standard of living is expensive. The data gets better with every new price that you enter. For others, it involves driving your car, and that means factoring in car repairs, gas, tolls and parking. Even if your employer is covering the cost of a move, there will still be costs that are not covered. WolframAlpha's cost of living index analyzes the cost of living differences between Charlotte and Dallas based on five categories: grocery, healthcare, housing, miscellaneous, transportation, and utilities. To maintain your standard of living in Charlotte, NC, you'll need a household income of: $67,318 The cost of living is 3.98% lower in Charlotte, NC The total income needed is $2,682. To maintain your standard of living in Charlotte, 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? Use the link below to embed the infographic from our site and automatically keep the data layer up to date. - Compare Cities cost of living across 9 different categories - Personal salary calculations can optionally include Home . The average time for commuting in Charlotte is 38.02 minutes. In terms of architectural style, Dallas features mostly Mediterranean or Ranch style homes. A cost that typically occurs is that your existing furniture and accessories are either too large, too small, or not appropriate for your new home. The sales tax for Charlotte is 4.75%. Proximity to employment is an important consideration because it can drastically impact your cost of living. Whether thats a mortgage or rent, a large percentage of your salary will go toward your housing expenses each month. Charlotte (/rlt/) is the most populous city in the U.S. state of North Carolina. In. Our partners cannot pay us to guarantee favorable reviews of their products or services. 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 housing costs are 15.9% more expensive than Dallas housing costs. 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. The cost of a monthly transit pass in Charlotte, NC is around $88.00. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. $1,447. A salary of $189,000 in Charlotte, North Carolina should increase to $191,464 in Dallas, Texas . Texas Real Estate Commission Consumer Protection Notice, Texas Real Estate Commission Information About Brokerage Services. It provides a decent comparison, but it is not yet reliable. NerdWallet excluded state and local tax data because tax rates vary by state and metropolitan area, and sometimes within metropolitan area as well. Whether thats a mortgage or rent, a large percentage of your salary will go toward your housing expenses each month. There are ways to trim that down. Why bother to move stuff that you do not even use! You might be using an unsupported or outdated browser. Since there are football, baseball, basketball, hockey teams, you can go to a lot of games. Transportation: Unless youre lucky enough to work from home, you will need to factor in transportation costs when deciding where to live. The cost of a monthly transit pass in Charlotte, NC is around $88.00. The weather in Dallas is ideal. The cost of living in Charlotte is 8% more expensive than in Dallas. A low rate can save you hundreds each year. 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. But even then, the price of groceries is going to significantly influence your cost of living. In Charlotte, North Carolina I go to a lot of Charlotte Hornets games. Walkability and public transit scores were obtained fromWalk Score. According to the latest BLS data, consumers average over $7,000 per year on food expenses. The cost of living in Charlotte is 10% less expensive than in Dallas. Cost of living is also tied to income, as salary levels in a geographic area are measured against these expenses. Charlotte, NC vs Dallas, TX, Copyright 2009-2023 Numbeo. Education data was provided courtesy ofGreatschools, a nationwide ratings system that evaluates schools based on performance on state achievement tests. 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. Sometimes you can get discount tickets on line. How much more or less will pay for the same or similar job be in the new city? While Charlotte's metro area is smaller than in Dallas, both cities have experienced significant growth in the past decade. Please consider telling us about your city. This is less expensive than the median home price in Charlotte, which is $265,000. Mortgage preapproval is the smartest hack to homebuying and among the most misunderstood. Here's what lenders want before they'll preapprove you for a home loan. How To Find The Cheapest Travel Insurance. Dallasites are incredibly passionate about sports, especially considering the Dallas Cowboys home games are one of the most highly attended sports events in the United States. Both Dallas and Charlotte feature warm climates, with humid summers and mild winters. Cost of Living Comparison Between Dallas, TXand Charlotte, NC You would need around 6,466.9$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. You can save some expense by packing boxes yourself, renting a U-Haul truck, and asking friends and family to help with the loading and unloading. You could be looking at a positive net change in disposable income. I can understand why these places are in demand. 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. 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. 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. Meal for 2 People, Mid-range Restaurant, Three-course, McMeal at McDonalds (or Equivalent Combo Meal), Beef Round (1 lb) (or Equivalent Back Leg Red Meat), Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car), Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car), Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment, 1 min. In terms of space, Dallas is larger than Charlotte, measuring out at 385 square miles compared to Charlotte's 298 square miles. To get the best mortgage loan, know how much you can afford and shop like the bargain hunter you are. 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. However, there are of course several differences as well. 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. The goal is to pay under 30%, but that may not be achievable in your destination city or town. 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. Furnished accommodation in EXPENSIVE area. You may find that after you move, you will need to purchase many new items for the new location, for example, window coverings, rugs, lighting, and outdoor gear. and accompanying city life tool go one step further by offering information on schools, quality of life and demographics, giving users a one-stop shop to explore new cities. Housing in Charlotte, North Carolina (United States) is 28% cheaper than in Dallas, Texas (United States) Update prices. Rent in Dallas tends to be cheaper as well, with average rent in Dallas falling around $1,239 per month versus $1,459 in Charlotte. See Charlotte's complete City Life page. Privacy Policy. Charlottes architectural style tends to lean more towards Mid-Century Modern, Craftsman, and European (Primarily Victorian and Italianate). Jeff Knox is the Broker Owner of Knox & Associates REALTORS in DFW and the creator of most of the content on KnoxRE. Choosing the right mortgage can help make your home buying journey easier and more affordable. To get the best mortgage loan, know how much you can afford and shop like the bargain hunter you are. NC. The cost of living in Dallas, TX is -4.4% lower than in Charlotte, NC. Theres also maintenance, upgrades, taxes and fees to take into account when deciding where to live. - People are 3.8% more likely to be married in Charlotte. Current cityIf you can't find a city, you can type the state name to see all cities available in that state. The sales tax for Dallas is 6.25%. and Dallas, I am frequently asked how the two cities compare. Pricing for various packages can vary a lot even in the same location. This information may be different than what you see when you visit a financial institution, service provider or specific products site. Employers in Houston, TX typically pay 4.6% more than employeers in Charlotte, NC. That's probably because we're measuring average costs for the larger metro area, not just the city limits. In 2017, the U.S. Census Bureau estimated the population was 859,035, making it the 17th-most populous city in the United States.
