One of most important determinations you need to make before moving to a new city or town is how much it will cost to live there. of Prepaid Mobile Tariff Local (No Discounts or Plans), Internet (60 Mbps or More, Unlimited Data, Cable/ADSL), Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child, International Primary School, Yearly for 1 Child, 1 Summer Dress in a Chain Store (Zara, H&M, ), Price per Square Meter to Buy Apartment in City Centre, Price per Square Meter to Buy Apartment Outside of Centre, Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate. This information may be different than what you see when you visit a financial institution, service provider or specific products site. Get your true budget and find a home with ease. That's probably because we're measuring average costs for the larger metro area, not just the city limits. To maintain your standard of living in Dallas, TX, you'll need a household income of: The cost of living is 7% higher in Dallas, TX. Current cityIf you can't find a city, you can type the state name to see all cities available in that state. cost of living in charlotte, nc vs dallas, tx Cities ranked 463rd and 271st ( $2038 vs $2268) in the list of the most expensive cities in the world and ranked 365th and 211th in the United States. 2023 Compare Cities People: Dallas, TX vs Charlotte, NC - Best Places This price can vary a lot if the distance is greater and depending on how much is being moved. - Compare Cities cost of living across 9 different categories - Personal salary calculations can optionally include Home . Overall, the time and ease of your driving times will impact your. the estimated difference in money purchasing power. If the weather is bad, commute time can double! A salary of $189,000 in Charlotte, North Carolina should increase to $191,464 in Dallas, Texas . Familiarize yourself with the places where students hang out, and take advantage of discounted or bargain prices, you are sure to be able to keep your. Just like with food costs, you can curb how much you spend on entertainment by altering your behavior. Demographics data (including population, age, ethnicity, education and gender breakdown) were compiled from the, Quality of life data (gyms, bars and beauty salons per 1,000 residents) were collected from the Yellow Pages. Dallas is larger in size and slightly cheaper of the two surely is tempting. Both Dallas and Charlotte share some characteristics in that they offer warm temperatures with mild winters, a lower cost of living compared to other major cities, and other similarities. Cost of Living Comparison between Dallas, TX vs Charlotte, NC Read more from, Some stores like Kroger offer frequent discounts or loyalty programs that can save you even more at the checkout. from Charlotte, NC with a salary of $60,000, View Minimum Wage Values in Charlotte and Dallas Compared with the Cost of Living. Do not sell or share my personal information. Transportation: Unless youre lucky enough to work from home, you will need to factor in transportation costs when deciding where to live. Mecklenburg County, where Charlotte is located, 62.3% voted Democratin the 2016 presidential election,32.9% voted Republican, and the remaining4.8% voted Independent. Comparisons improve with every new data that you enter. than your current city. Private school data was obtained from the Department of Education, and average private tuition was compiled by averaging tuition across randomly selected schools in each city. And while our site doesnt feature every company or financial product available on the market, were proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward and free. So how do we make money? In terms of space, Dallas is larger than Charlotte, measuring out at 385 square miles compared to Charlotte's 298 square miles. You will enjoy living in Dallas, Texas. If you can't find a city, you can type the state name to see all cities available in that state. If you would like to know the cost of living in other cities, then please enter a city name. Sports fans will prefer Dallas, whereas NASCAR fans will prefer Charlotte. Your use of this service is subject to our, Meal for 2 People, Mid-range Restaurant, Three-course, McMeal at McDonalds (or Equivalent Combo Meal), Beef Round (1kg) (or Equivalent Back Leg Red Meat), Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car), Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car), Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment, 1 min. For others, it involves driving your car, and that means factoring in car repairs, gas, tolls and parking. NerdWallet Compare, Inc. NMLS ID# 1617539, NMLS Consumer Access|Licenses and Disclosures, California: California Finance Lender loans arranged pursuant to Department of Financial Protection and Innovation Finance Lenders License #60DBO-74812, Property and Casualty insurance services offered through NerdWallet Insurance Services, Inc. (CA resident license no. Dallas Housing Options Homes For Sale New Homes Most Expensive Homes Charlotte Housing Options Homes For Sale Lowest Priced Homes Largest Homes Overview We believe everyone should be able to make financial decisions with confidence. To maintain your standard of living in Charlotte, NC, you'll need a household income of: $67,318 The cost of living is 3.98% lower in Charlotte, NC The total income needed is $2,682. You would have to earn a salary of $57,384 to maintain your current standard of living. This price can vary a lot if the distance is greater and depending on how much is being moved. Familiarize yourself with the places where students hang out, and take advantage of discounted or bargain prices, you are sure to be able to keep your. You may find that after you move, you will need to purchase many new items for the new location, for example, window coverings, rugs, lighting, and outdoor gear. According to this analysis, Charlotte is slightly more affordable, offering cheaper housing and utility bills. Charlotte housing costs are 15.9% more expensive than Dallas housing costs. Compare Cities Median 2-bedroom apartment rent. But even then, the price of groceries is going to significantly influence your cost of living. Another question that is independant of my questions earlier are opinions on the housing market. In 2017, the U.S. Census Bureau estimated the population was 859,035, making it the 17th-most populous city in the United States. It is important to note that a score of 100 represents the average cost of that category in the United States, and these metrics are based on Q1 2019 data. That's probably because we're. When evaluating offers, please review the financial institutions Terms and Conditions. Update prices. It is comprised of nearly 100,000 data points gathered primarily by C2ER members located in 400 cities.. Energy costs in Charlotte,NC are generally going up. Have a yard sale or find a local charitable organization and donate items you no longer use. Do these housing costs seem low to you? - People are 3.8% more likely to be married in Charlotte. Unless youre lucky enough to work from home, you will need to factor in transportation costs when deciding where to live. While other resources provide basic cost comparisons. Entertainment: A movie ticket, a pint of beer, box seats at a baseball game they can all come with a different price tag depending upon where you live. You could eat out less, cut back on takeout and cook more often. There are so many reasons to love both cities; it's hard to go wrong with either choice. OK92033) Property & Casualty Licenses, NerdWallet | 55 Hawthorne St. - 11th Floor, San Francisco, CA 94105. And, although Charlotte technically wins here, when compared to other cities, both Dallas and Charlotte offer a considerably low cost of living. There are many providers and various packages that are offered, many that bundle internet, cable, and phone together. Overall, the time and ease of your driving times will impact your. Get matched with a top agent in your area. Price collection by city is conducted in strict conformance with standard specifications at specified times. Cost of living is the amount of money you need to sustain a certain lifestyle in a given place. less than your current Get matched with a top agent in your area. Some stores like Kroger offer frequent discounts or loyalty programs that can save you even more at the checkout. NerdWallet Compare, Inc. NMLS ID# 1617539, NMLS Consumer Access|Licenses and Disclosures, California: California Finance Lender loans arranged pursuant to Department of Financial Protection and Innovation Finance Lenders License #60DBO-74812, Property and Casualty insurance services offered through NerdWallet Insurance Services, Inc. (CA resident license no. 110$ billion vs 58$ billion 1.05$ lower cost of one single transportation ticket? $1,447. Monthly bus pass costs were obtained from the individual websites of the public transit system for each city. Homes tend to cost 25.98% 950 people/km vs 1358 people/km 16.00$ cheaper monthly public transport ticket? This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Especially with the New Year upon us, you may be contemplating a move or want to weigh the pros and cons of both areas. Tell us your opinion about traffic in Dallas, TX. In contrast to Dallas, just under half of Charlotte households rent.In terms of architectural style, Dallas features mostly Mediterranean or Ranch style homes. NerdWallets cost of living calculator is powered by data from The Council for Community and Economic Research (C2ER). All Rights Reserved. Whether you use a cost of living index or a cost of living calculator, each will help you feel more confident in deciding where to live. The estimated average annual cost for child care in Dallas, Texas (based on state average), is $8759. The cost of living calculated as a consumer basket for a moderate lifestyle in developed countries and thus might seem too high for some least developed countries where maintaining such a standard of living is expensive. A low rate can save you hundreds each year. and accompanying city life tool go one step further by offering information on schools, quality of life and demographics, giving users a one-stop shop to explore new cities. Theres also maintenance, upgrades, taxes and fees to take into account when deciding where to live. With that being said, Charlotte has a significant traffic problem, ranking as the 16th most highly congested city in the United States. Proximity to employment is an important consideration because it can drastically impact your cost of living. Whether you use a cost of living index or a cost of living calculator, each will help you feel more confident in deciding where to live. Prices for goods and services in Charlotte and Dallas are partly crowdsourced by our visitors, just like yourself. This is primarily due to Dallas incorporating better city planning, as their highway systems are intelligently designed, and surface streets are often designed in grids. How much more or less will pay for the same or similar job be in the new city? Hopefully you will have a smooth commute in Charlotte, North Carolina, but be prepared for delays. for both cities are included in the chart below: Both Dallas and Charlotte are predominantly liberal. There are ways to trim that down. You could eat out less, cut back on takeout and cook more often. The weather, traffic, time of year, day of week and if there are accidents, can all impact your commute time. Dallas vs. Charolotte: Best Places to Live in 2020 - KnoxRE.com A cost that typically occurs is that your existing furniture and accessories are either too large, too small, or not appropriate for your new home. Get free guidance on changes you can make to afford more home, without spending more. To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Dallas doesnt have state taxes but property taxes are said to be huge! This one is a toss-up because it depends on what matters more to you. Terms of Use and - Charlotte housing costs are 16.0% more expensive than Dallas housing costs. Jeff may be reached directly at [emailprotected], Both the advantages of Dallas and Charlotte is explained beautifully in here.