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Cost of living: Charlotte, NC vs Salt Lake City, UT (2024)

Quick answer

Overall prices in the Charlotte, NC metro were 97.3 vs 100.9 in Salt Lake City, UT in 2024 (US = 100), so Charlotte is 3.5% less expensive than Salt Lake City; housing rents differ by 21% (97.6 vs 123.3). A $75,000 income in Charlotte buys about what $77,712 buys in Salt Lake City, 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)CharlotteSalt Lake CityCharlotte vs Salt Lake City
All items97.3100.9-3.5%
Goods96.696.4+0.1%
Housing (rents)97.6123.3-20.8%
Utilities89.279.0+12.9%
Other services98.299.0-0.8%
All items, 200895.398.5-3.2%
$50,000 in Charlotte equals in Salt Lake City$51,808
$100,000 in Charlotte equals in Salt Lake City$103,616
$150,000 in Charlotte equals in Salt Lake City$155,424

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

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