Cost of Living Comparison Between Miami, FL and Charlotte, NC 

Indices DifferenceInfo
Consumer Prices in Charlotte, NC are 1.1% higher than in Miami, FL (without rent)
Consumer Prices Including Rent in Charlotte, NC are 8.2% lower than in Miami, FL
Rent Prices in Charlotte, NC are 19.3% lower than in Miami, FL
Restaurant Prices in Charlotte, NC are 20.0% lower than in Miami, FL
Groceries Prices in Charlotte, NC are 18.2% higher than in Miami, FL
Local Purchasing Power in Charlotte, NC is 20.1% higher than in Miami, FL
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Miami, FL Edit Charlotte, NC Edit Difference
Meal, Inexpensive Restaurant 25.00 $ 18.00 $      -28.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 100.00 $ 80.00 $      -20.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 $ 11.00 $      -8.3 %
Domestic Beer (1 pint draught) 7.00 $ 6.00 $      -14.3 %
Imported Beer (12 oz small bottle) 8.00 $ 7.00 $      -12.5 %
Cappuccino (regular) 4.76 $ 4.82 $      +1.3 %
Coke/Pepsi (12 oz small bottle) 2.72 $ 2.43 $      -10.7 %
Water (12 oz small bottle) 2.16 $ 1.99 $      -7.9 %
Markets
Miami, FL Edit Charlotte, NC Edit
Milk (regular), (1 gallon) 4.36 $ 3.99 $      -8.6 %
Loaf of Fresh White Bread (1 lb) 3.40 $ 3.46 $      +1.7 %
Rice (white), (1 lb) 1.78 $ 2.35 $      +32.4 %
Eggs (regular) (12) 3.79 $ 3.94 $      +4.0 %
Local Cheese (1 lb) 5.97 $ 6.24 $      +4.4 %
Chicken Fillets (1 lb) 4.87 $ 6.24 $      +28.1 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.30 $ 9.42 $      +49.4 %
Apples (1 lb) 2.63 $ 3.07 $      +16.7 %
Banana (1 lb) 0.85 $ 0.79 $      -6.7 %
Oranges (1 lb) 1.66 $ 2.84 $      +71.3 %
Tomato (1 lb) 2.03 $ 2.16 $      +6.7 %
Potato (1 lb) 1.07 $ 1.58 $      +46.9 %
Onion (1 lb) 1.42 $ 1.54 $      +8.3 %
Lettuce (1 head) 2.51 $ 1.80 $      -28.2 %
Water (1.5 liter bottle) 2.07 $ 1.90 $      -8.4 %
Bottle of Wine (Mid-Range) 12.99 $ 15.00 $      +15.5 %
Domestic Beer (0.5 liter bottle) 2.00 $ 1.73 $      -13.3 %
Imported Beer (12 oz small bottle) 2.37 $ 3.88 $      +63.7 %
Cigarettes 20 Pack (Marlboro) 9.00 $ 8.00 $      -11.1 %
Transportation
Miami, FL Edit Charlotte, NC Edit
One-way Ticket (Local Transport) 2.25 $ 2.25 $      0.0 %
Monthly Pass (Regular Price) 120.00 $ 120.00 $      0.0 %
Taxi Start (Normal Tariff) 2.98 $ 5.00 $      +68.1 %
Taxi 1 mile (Normal Tariff) 2.10 $ 8.00 $      +281.0 %
Taxi 1hour Waiting (Normal Tariff) 24.00 $ 36.50 $      +52.1 %
Gasoline (1 gallon) 3.45 $ 3.25 $      -6.0 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 35,000.00 $ 34,000.00 $      -2.9 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 24,955.19 $ 23,776.15 $      -4.7 %
Utilities (Monthly)
Miami, FL Edit Charlotte, NC Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 170.11 $ 180.95 $      +6.4 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 59.88 $ 44.71 $      -25.3 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 61.91 $ 73.10 $      +18.1 %
Sports And Leisure
Miami, FL Edit Charlotte, NC Edit
Fitness Club, Monthly Fee for 1 Adult 76.77 $ 29.80 $      -61.2 %
Tennis Court Rent (1 Hour on Weekend) 23.86 $ 20.00 $      -16.2 %
Cinema, International Release, 1 Seat 15.00 $ 14.99 $      -0.1 %
Childcare
Miami, FL Edit Charlotte, NC Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,162.50 $ 1,455.50 $      +25.2 %
International Primary School, Yearly for 1 Child 28,333.33 $ 26,280.00 $      -7.2 %
Clothing And Shoes
Miami, FL Edit Charlotte, NC Edit
1 Pair of Jeans (Levis 501 Or Similar) 46.50 $ 58.28 $      +25.3 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 43.12 $ 46.80 $      +8.5 %
1 Pair of Nike Running Shoes (Mid-Range) 80.28 $ 104.82 $      +30.6 %
1 Pair of Men Leather Business Shoes 96.67 $ 126.55 $      +30.9 %
Rent Per Month
Miami, FL Edit Charlotte, NC Edit
Apartment (1 bedroom) in City Centre 2,800.86 $ 2,016.67 $      -28.0 %
Apartment (1 bedroom) Outside of Centre 2,064.29 $ 1,816.55 $      -12.0 %
Apartment (3 bedrooms) in City Centre 5,249.12 $ 4,474.00 $      -14.8 %
Apartment (3 bedrooms) Outside of Centre 3,635.93 $ 2,783.85 $      -23.4 %
Buy Apartment Price
Miami, FL Edit Charlotte, NC Edit
Price per Square Feet to Buy Apartment in City Centre 583.91 $ 409.18 $      -29.9 %
Price per Square Feet to Buy Apartment Outside of Centre 354.00 $ 257.26 $      -27.3 %
Salaries And Financing
Miami, FL Edit Charlotte, NC Edit
Average Monthly Net Salary (After Tax) 4,289.41 $ 4,729.38 $      +10.3 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.57 6.45      -1.9 %
Last update: April 2024April 2024
Contributors in the past 12 months:14880