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Chicago vs Charlotte

Cost of living comparison — C2ER 2024-2025 data

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Charlotte is 9% cheaper than Chicago overall.Chicago has a cost of living index of 107 vs Charlotte at 97 (national average = 100). The biggest difference is housing Chicago costs 14% more.

Pierre
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Chicago
IL
107
COLI index
VS
Charlotte
NC
97
COLI index

Category Breakdown

CategoryChicagoCharlotteDifference
Overall COLI10797-9%
Housing130112-14%
Groceries105103-2%
Transport108106-2%
Healthcare103102-1%
Utilities112100-11%

Median 1BR Rent

Chicago
$1,750/mo
Charlotte
$1,600/mo

Median Home Price

Chicago
$310,000
Charlotte
$370,000

Median Household Income

Chicago
$62,097
Charlotte
$65,359

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Frequently Asked Questions

Charlotte is cheaper to live in overall. Chicago has a cost of living index of 107 while Charlotte has an index of 97, where 100 represents the US national average. Charlotte is 9% cheaper than Chicago overall.

The median 1-bedroom rent in Chicago is $1,750 per month compared to $1,600 in Charlotte. The median home price in Chicago is $310,000 versus $370,000 in Charlotte. Housing is typically the largest factor in cost of living differences between cities.

Chicago has a cost of living index of 107 and Charlotte has an index of 97, both measured against a US national average of 100. An index above 100 means more expensive than the national average — below 100 means cheaper.

To maintain the same purchasing power as a salary in Chicago, multiply by 0.91. For example a $75,000 salary in Chicago is equivalent to approximately $67,991 in Charlotte.

Chicago has a median household income of $62,097 per year versus $65,359 in Charlotte. Higher incomes must be weighed against cost of living. Use the Dayblip salary tools to see specific job salaries in both cities.

Whether moving from Chicago to Charlotte is worthwhile depends on your salary, lifestyle, and priorities. Charlotte is 9% cheaper overall — with the biggest difference in housing. Use the Dayblip cost of living calculator to enter your specific salary and see the exact dollar impact.

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.