Charlotte is the largest city in the state of North Carolina and the seat of Mecklenburg County.
Charlotte has become a major U.S. financial center and is now the second largest banking center in the United States (after New York). The nation’s largest financial institution by assets, Bank of America, calls the city home. The center city/uptown area of Charlotte has seen remarkable growth over the last decade. Numerous residential units continue to be built uptown, including over 20 skyscrapers either under construction, recently completed, or in the planning stage.
Charlotte has an overall cost of living index which equates it with low cost of living locations. The overall cost of living index is comprised of the prices for defined quantities of the same goods and services across all 13 Basket Groups.
The latest cost of living rank for each of the 13 Basket Groups is now available.