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Cost of living: Charlotte, NC vs Providence, RI (2024)

Quick answer

Overall prices in the Charlotte, NC metro were 97.3 vs 101.8 in Providence, RI in 2024 (US = 100), so Charlotte is 4.3% less expensive than Providence; housing rents differ by 6% (97.6 vs 103.9). A $75,000 income in Charlotte buys about what $78,409 buys in Providence, 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)CharlotteProvidenceCharlotte vs Providence
All items97.3101.8-4.3%
Goods96.697.1-0.6%
Housing (rents)97.6103.9-6.0%
Utilities89.2148.8-40.1%
Other services98.2102.3-4.0%
All items, 200895.3103.7-8.1%
$50,000 in Charlotte equals in Providence$52,273
$100,000 in Charlotte equals in Providence$104,546
$150,000 in Charlotte equals in Providence$156,818

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

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