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Cost of living: Philadelphia, PA vs Charlotte, NC (2024)

Quick answer

Overall prices in the Philadelphia, PA metro were 102.6 vs 97.3 in Charlotte, NC in 2024 (US = 100), so Philadelphia is 5.3% more expensive than Charlotte; housing rents differ by 16% (113.1 vs 97.6). A $75,000 income in Philadelphia buys about what $71,193 buys in Charlotte, 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)PhiladelphiaCharlottePhiladelphia vs Charlotte
All items102.697.3+5.3%
Goods96.896.6+0.3%
Housing (rents)113.197.6+15.9%
Utilities114.489.2+28.3%
Other services103.198.2+4.9%
All items, 2008106.495.3+11.7%
$50,000 in Philadelphia equals in Charlotte$47,462
$100,000 in Philadelphia equals in Charlotte$94,924
$150,000 in Philadelphia equals in Charlotte$142,385

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

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