Charlotte vs Phoenix
Cost of living comparison — C2ER 2024-2025 data
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Phoenix is 6% more expensive than Charlotte overall.Charlotte has a cost of living index of 97 vs Phoenix at 103 (national average = 100). The biggest difference is housing — Phoenix costs 14% less.

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Charlotte
NC
97
COLI index
VS
Phoenix
AZ
103
COLI index
Category Breakdown
| Category | Charlotte | Phoenix | Difference |
|---|---|---|---|
| Overall COLI | 97 | 103 | +6% |
| Housing | 112 | 128 | +14% |
| Groceries | 103 | 104 | +1% |
| Transport | 106 | 107 | +1% |
| Healthcare | 102 | 103 | +1% |
| Utilities | 100 | 110 | +10% |
Median 1BR Rent
Charlotte
$1,600/mo
Phoenix
$1,600/mo
Median Home Price
Charlotte
$370,000
Phoenix
$385,000
Median Household Income
Charlotte
$65,359
Phoenix
$64,882
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Last updated: June 2026
Methodology: Cost of living indices from C2ER Cost of Living Index 2024-2025. Rent data from Zillow December 2024. Home price data from Zillow Home Value Index December 2024. Household income from US Census Bureau ACS 2023. National average COLI = 100. Data updated annually.