Quick answer
Overall prices in the Phoenix, AZ metro were 103.3 vs 97.3 in Charlotte, NC in 2024 (US = 100), so Phoenix is 6.1% more expensive than Charlotte; housing rents differ by 24% (121.2 vs 97.6). A $75,000 income in Phoenix buys about what $70,668 buys in Charlotte, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Phoenix | Charlotte | Phoenix vs Charlotte |
|---|---|---|---|
| All items | 103.3 | 97.3 | +6.1% |
| Goods | 95.0 | 96.6 | -1.6% |
| Housing (rents) | 121.2 | 97.6 | +24.2% |
| Utilities | 93.3 | 89.2 | +4.7% |
| Other services | 104.0 | 98.2 | +5.9% |
| All items, 2008 | 105.7 | 95.3 | +10.9% |
| $50,000 in Phoenix equals in Charlotte | $47,112 | ||
| $100,000 in Phoenix equals in Charlotte | $94,224 | ||
| $150,000 in Phoenix equals in Charlotte | $141,335 |
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Last updated 2026-10-16. Data only, not financial or tax advice.