Quote:
Originally Posted by monksy
Another issue of CLT: NC Income taxes are high, gas tax is relatively high, and it is very expensive to live in CLT. [Fun fact: COL for Chicago is 6% higher than CLT... its that high] There is imo very little advantage to living in CLT vs the next city of that size.
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Do you have a source for this? According to city-data, the cost of living index for Charlotte is 93.0, and for Chicago it is 107.7. That's over 15% higher.
Other sites saying a person making $50K in Charlotte would need to make $61,500 in Chicago, over 20% higher. Housing alone is 60% higher in Chicago. Yes, that would mean that some items are higher in Charlotte (like some food items and medical expenses), but overall Charlotte is still far less expensive to live in than Chicago.