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Cost of living: Charlotte, NC vs Buffalo, NY (2024)

Quick answer

Overall prices in the Charlotte, NC metro were 97.3 vs 95.8 in Buffalo, NY in 2024 (US = 100), so Charlotte is 1.6% more expensive than Buffalo; housing rents differ by 21% (97.6 vs 81.0). A $75,000 income in Charlotte buys about what $73,841 buys in Buffalo, 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)CharlotteBuffaloCharlotte vs Buffalo
All items97.395.8+1.6%
Goods96.699.7-3.1%
Housing (rents)97.681.0+20.6%
Utilities89.2129.5-31.1%
Other services98.297.8+0.5%
All items, 200895.397.0-1.8%
$50,000 in Charlotte equals in Buffalo$49,228
$100,000 in Charlotte equals in Buffalo$98,455
$150,000 in Charlotte equals in Buffalo$147,683

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

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