Charlotte is the #1 city for the cost of living to income ratio.
Who would have thought the place we call home is numero uno? Charlotte is the top city in the US for good salaries and low cost of living. Turns out that having the second largest banking infrastructure in the country (Second only to NY which is not affordable) has helped substantiate our town's income and the job market. It is not just the banking powerhouses like Bank of America and Wells Fargo that call Charlotte home. We are also home to Chiquita International, Duke Energy, Lowe’s, Family Dollar, Electrolux, Husqvarna, and Belk just to name a few. Let’s not forget Google is a stone's throw away.
The cost of the living index number is 93.2, the average annual income is $76,914 (which feels more like $82,550 based on the cost of living), unemployment is 6.6 percent and the Queen City is growing. There are more and more large corporations moving to the city every day, the real estate market has held strong even through the tough times and the town is booming with excitement.
Pack your bags, load the moving truck and come join us. It is a great place to live, raise a family and even retire.