How Much Money Do You Need To Live Comfortably in Charlotte NC?

Real Estate Broker/Owner with Showcase Realty LLC 183393

To live in the Queen City region, you will have to get accustomed to paying a little more. The Charlotte Metropolitan region is considered to be one of the most expensive places to live in the US. Some areas are even pricier than Raleigh or Asheville. 

Even in the less expensive areas, average families might struggle to meet their basic needs. But, there are societal changes underway that might make up for it such as child care reform and higher minimum wage.

How to Live Comfortably in an Expensive City Like Charlotte NC?

Charlotte is an excellent region for people in their 20s and 30s. The cost of living, however, might put a dent in your wallet. Whether you are living in Charlotte or planning to move there, you can enjoy some of these tips given below. 

Here’s what you need to know to live comfortably in Charlotte NC. 

1. Live Below Your Means

If you want to save money, the best financial advice is to live below your means. Even though it is a simple tip, many people find it difficult to follow it. Living below your means is important if you want to spend less and save more. One of the biggest expenditures on your list is rent. So, you make sure to spend less on other items. 

Top reasons why it is a good idea to move to Charlotte NC

2. Work on Your Income

In case you are not planning on shifting to a new place yet, your next step is to look for ways to earn more. Sure, your paycheck might be enough to cover the basic costs. But, you may need to aim your financial goals higher if you would like to afford a big city life. Saving for a down payment or retirement, or developing an emergency fund is a crucial step you need to take to become financially stable.

There are various ways for you to increase your income but you need to have the energy and time to do so. For instance, you can consider taking up a part-time job. When you make enough money from side hustles for covering the rent, you can split the main income between other costs.

3. Cut Back on Transportation Costs

To save some money, you may need to ditch your car. As you live in a city like Charlotte, you can get around on public transport. You can also consider biking or walking. Remember, every penny counts. Eventually, the money that you are spending on a car might get accumulated in your savings account. 

4. Track Your Spending

Living in Charlotte is great as you will have everything at your arm’s length. But, it also means that your daily spending might start to rack up. The best way is to control your finances. To do that, you have to watch your money. Make sure you have a strict budget. This helps in understanding where you are spending your money. Everything has to be within a budget.

Why is Buying or Renting a House in Charlotte, NC a Great Idea? 

Nancy Braun, one of the best real estate agents in Charlotte, NC, believes there are many reasons to move to the city. It is the major commercial hub in North Carolina. Its charms are plentiful. The city provides its residents with an incredible social scene, outdoor venues, gorgeous parks, and great school systems. 

The Charlotte region of this city hosts over 850 foreign companies. No doubt, it is the fastest-growing city in the US. 

Here are a few reasons that will convince you to move to Charlotte. 

1. It Offers Great Outdoor Activities

Several greenway biking paths in Charlotte have something for all levels of cyclists. You will find the best single-track mountain in the state at the U.S. National Whitewater Center. Apart from biking, you can try out kayaking, zip-lining, rock climbing, and rafting. 

You can enjoy several outdoor activities in Great Smoky Mountains National Park or Reedy Creek Nature Preserve. 

Tips to keep in mind after buying a home in Charlotte NC.

2. It is Never Dull

Sports enthusiasts are going to love it here. It is home to the Carolina Panthers, Charlotte Checkers, and the Charlotte Hornets. 

Also, the city hosts large sporting events once a year. These include The Belk Bowl Game, the NBA All-Star Game and so on. 

3. Its Job Market is Exciting

Charlotte is turning out to be an enterprising city. New startups like Cloud Castle Group and Boxman Studios have their headquarters here. The city ranks fourteenth for Business and Careers on Forbes’ list.

4. It has a Great Quality of Life

You can live comfortably and enjoy all the amenities that the city has to offer right at your fingertips. Even though it is an expensive city, its housing cost is 4% below the national average. 

5. You can Experience Great Weather All Throughout the Year

Charlotte residents can enjoy incredible weather throughout the year. It is centrally located in a place that experiences all four seasons. The fall and spring season are especially beautiful,  with temperatures that range from 60-80 degrees Fahrenheit. You will experience mild winters with occasional snow, while summers are hot and warm. So, if you are looking for a place with a temperate climate, Charlotte is the place to be.

These are the reasons why Charlotte NC is the fastest-growing city in the US.

6. It has Fantastic Schools and Universities

Charlotte has fantastic schools from elementary through college. The Charlotte-Mecklenburg School system is the 18th largest in the nation. It is also the second-largest in the school district in NC. Parents will find plenty of middle and high schools to choose from. 

When you have to send your child off to college, you will not find a better location than Charlotte. There are prestigious public and private universities such as The University of North Carolina, Wake Forest, North Carolina State University, Queens University, and more. 

Charlotte is a place where you will get the best of both worlds. Big city life with a subtle Southern charm. 

Looking to Buy a Place in Charlotte NC?

Are you planning to move to the Charlotte area? Nancy Braun and her team of real estate agents in Showcase Realty are here to help you out. She has more than 20 years of experience working in this field. She has sold thousands of homes in Carolina. 

Showcase Realty, with Nancy’s expert help and top marketing strategies, provide clients with cutting results. We have a proven track record when it comes to helping you find the perfect home. As market experts, we will show how to achieve your home buying and selling dreams. We are nationally recognized for our real estate service.

To enjoy our cutting-edge service and find the best home in the Charlotte region, give us a call. 

Posted by

Nancy Braun

Owner & Broker in Charge

Showcase Realty,LLC


1430 S Mint St Suite 106

Charlotte, NC 28203


704-625-2361 (f)

Comments (3)

Richard Weeks
Dallas, TX
REALTOR®, Broker

Great information, thanks for sharing.  I hope you have a great day.

May 26, 2021 03:03 AM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Good evening Nancy! Interesting post. But just how much do you need there?

May 26, 2021 09:04 PM
Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

Great information.  Thanks for sharing and have a wonderful day!

Jul 29, 2021 06:52 AM