lower Quality of life data (gyms, bars and beauty salons per 1,000 residents) were collected from the Yellow Pages. If you can't find a city, you can type the state name to see all cities available in that state. 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. Comparisons improve with every new data that you enter. 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. for both cities are included in the chart below: Both Dallas and Charlotte are predominantly liberal. Even if your employer is covering the cost of a move, there will still be costs that are not covered. Don't hesitate to reach out if you are contemplating moving and have any questions! Privacy Policy. Charlottes architectural style tends to lean more towards Mid-Century Modern, Craftsman, and European (Primarily Victorian and Italianate). It is comprised of nearly 100,000 data points gathered primarily by C2ER members located in 400 cities.. Dallas Housing Options Homes For Sale New Homes Most Expensive Homes Charlotte Housing Options Homes For Sale Lowest Priced Homes The cost of living in Charlotte is 8% more expensive than in Dallas. While Charlotte's metro area is smaller than in Dallas, both cities have experienced significant growth in the past decade. 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. Just like with food costs, you can curb how much you spend on entertainment by altering your behavior. Comparisons improve with every new data that you enter. Both Dallas and Charlotte are large cities that require a car to get around. Copyright 2009-2023 Numbeo. 30.04% lower population density? Pricing for various packages can vary a lot even in the same location. Both Dallas and Charlotte feature warm climates, with humid summers and mild winters. Private school data was obtained from the Department of Education, and average private tuition was compiled by averaging tuition across randomly selected schools in each city. The same type of job in the same type of company in Charlotte, NC will typically pay $58,996 . Hopefully you will have a smooth commute in Charlotte, North Carolina, but be prepared for delays. 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. It provides a decent comparison, but it is not yet reliable. Getting to work is important. Cities ranked 463rd and 643rd ( $2038 vs $1955) in the list of the most expensive cities in the world and ranked 365th and 526th in the United States. But even then, the price of groceries is going to significantly influence your cost of living. Here's how to know how much you really need. Cities ranked 463rd and 271st ( $2038 vs $2268) in the list of the most expensive cities in the world and ranked 365th and 211th in the United States. Based on data collected by NOAA National Climatic Data Center, Dallas is considered to have one of the most favorable climates in the country based on comfort and number of days with clear skies. The sales tax for Dallas is 6.25%. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. We believe everyone should be able to make financial decisions with confidence. Charlotte housing costs are 15.9% more expensive than Dallas housing costs. Housing costs: According to the U.S. Bureau of Labor Statistics, the largest bill consumers pay each month is for housing. Shopping there can considerably reduce, If you love sports, you will love Dallas, TX! The federal minimum wage is $7.25 per hour while North Carolina's state law sets the minimum wage rate at $7.25 per hour in 2023. In terms of space, Dallas is larger than Charlotte, measuring out at 385 square miles compared to Charlotte's 298 square miles. Cost of Living Comparison Between Charlotte, NCand Dallas, TX You would need around 5,982.8$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 a monthly transit pass in Charlotte, NC is around $88.00. And, although Charlotte technically wins here, when compared to other cities, both Dallas and Charlotte offer a considerably low cost of living. Cost of Living Comparison between Dallas, TX vs Charlotte, NC Tell us your opinion about traffic in Dallas, TX. $1,734. Overall, the time and ease of your driving times will impact your, In Dallas, TX, the average commute time is about 36.14 minutes. household income of: The cost of living is 3.98% For example, the cost of living in San Francisco is twice that of Boise, Idaho. Charlotte vs Dallas: What is the difference? - VERSUS In. You could be looking at a positive net change in disposable income. You might be using an unsupported or outdated browser. Demographics data (including population, age, ethnicity, education and gender breakdown) were compiled from theU.S. Census. Education data was provided courtesy ofGreatschools, a nationwide ratings system that evaluates schools based on performance on state achievement tests. higher. Walkability and public transit scores were obtained fromWalk Score. How Much Down Payment Do You Need to Buy a Home. 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. Whether thats a mortgage or rent, a large percentage of your salary will go toward your housing expenses each month. According to the latest BLS data, consumers average over $7,000 per year on food expenses. It is possible that electric rates may fluctuate depending on consumption rates, government regulations and even the weather. While other resources provide basic cost comparisons,NerdWallets cost of living calculatorand 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. Compare Cities Cost of Living Calculator | Dallas, TX vs. Charlotte, NC - NerdWallet We believe everyone should be able to make financial decisions with confidence. 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 . Both Dallas and Charlotte are large cities that require a car to get around. Jeff's real estate articles and opinions have been featured on websites like Realtor.com, Fox News, U.S. News & World Reports, Inman, RISMedia, and more. , Charlotte is slightly more affordable, offering cheaper housing and utility bills. The cost of electricity in Texas has gone up by 1.883% in the past year. This cost is ranked NO. Overall, the time and ease of your driving times will impact your. You will enjoy living in Charlotte, North Carolina. One of most important determinations you need to make before moving to a new city or town is how much it will cost to live there. Once you understand what they cover, they'll look less overwhelming. While other resources provide basic cost comparisons. 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. Prices for goods and services in Charlotte and Dallas are partly crowdsourced by our visitors, just like yourself. Americans spend nearly the same amount each year on entertainment as they do on health insurance, according to the BLS. - Compare Cities cost of living across 9 different categories - Personal salary calculations can optionally include Home . According to the BLS, transportation is the second-largest expense consumers have.For some, these costs include taking public transportation. There are many providers and various packages that are offered, many that bundle internet, cable, and phone together. Crowdsourced data is a vital part of the Internet, help us become better! You could eat out less, cut back on takeout and cook more often. Just like with food costs, you can curb how much you spend on entertainment by altering your behavior. Do these housing costs seem low to you? While I understand the big box, national portal sites like Zillow, Trulia, & Realtor.com are popular with consumers, you You might be closer to buying the home of your dreams than you think. Disclaimer: NerdWallet strives to keep its information accurate and up to date. Price collection by city is conducted in strict conformance with standard specifications at specified times. Monthly bus pass costs were obtained from the individual websites of the public transit system for each city. 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. You should evaluate the options based on your usage and preferences and pick the best fit for your needs. The cost of living in Charlotte, NC is 3.98% There are ways to trim that down. from Charlotte, NC with a salary of $60,000, View Minimum Wage Values in Charlotte and Dallas Compared with the Cost of Living. than your current city. 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. The cost of living in Dallas, TX is -4.4% lower than in Charlotte, NC. 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. Full Cost of Living comparison Charlotte, North Carolina vs Dallas, Texas. OK92033) Property & Casualty Licenses, NerdWallet | 55 Hawthorne St. - 11th Floor, San Francisco, CA 94105. 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. Choosing the right mortgage can help make your home buying journey easier and more affordable. That's probably because we're measuring average costs for the larger metro area, not just the city limits. Proximity to employment is an important consideration because it can drastically impact your cost of living. Disclaimer: NerdWallet strives to keep its information accurate and up to date. Our partners cannot pay us to guarantee favorable reviews of their products or services. Weekly trips to the grocery store can add up, especially if food costs are high where you live. Dallas, Texas. 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 Feet to Buy Apartment in City Centre, Price per Square Feet to Buy Apartment Outside of Centre, Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate. Cost of Living Calculator | Charlotte, NC vs. Dallas, TX - NerdWallet Sports fans will prefer Dallas, whereas NASCAR fans will prefer Charlotte. If the weather is bad, commute time can double! 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. Charlotte, NC vs Dallas, TX, Copyright 2009-2023 Numbeo. Since groceries are an essential part of you, I love basketball. Cost of Living in Charlotte, NC - Salary.com Mecklenburg County, where Charlotte is located, 62.3% voted Democratin the 2016 presidential election,32.9% voted Republican, and the remaining4.8% voted Independent. 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. In Mecklenburg County, where Charlotte is located, 62.3% voted Democratin the 2016 presidential election,32.9% voted Republican, and the remaining4.8% voted Independent. Especially with the New Year upon us, you may be contemplating a move or want to weigh the pros and cons of both areas. Just like with food costs, you can curb how much you spend on entertainment by altering your behavior.

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