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Cost of living: Charlotte, NC vs Austin, TX (2024)

Quick answer

Overall prices in the Charlotte, NC metro were 97.3 vs 98.1 in Austin, TX in 2024 (US = 100), so Charlotte is 0.7% less expensive than Austin; housing rents differ by 19% (97.6 vs 120.4). A $75,000 income in Charlotte buys about what $75,553 buys in Austin, per BEA.

✓ U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Price index (US = 100)CharlotteAustinCharlotte vs Austin
All items97.398.1-0.7%
Goods96.693.8+3.0%
Housing (rents)97.6120.4-18.9%
Utilities89.282.0+8.7%
Other services98.296.2+2.0%
All items, 200895.399.6-4.3%
$50,000 in Charlotte equals in Austin$50,369
$100,000 in Charlotte equals in Austin$100,738
$150,000 in Charlotte equals in Austin$151,106

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Last updated 2026-10-16. Data only, not financial or tax advice.

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