Cost of Living: Charlotte, NC vs Shelby, IA

Housing

The housing market plays a significant role in determining the cost of living.

Metric Charlotte Shelby
Housing Index 110.0 Data is updating
Median Home Price $364,000 $174,000
Average Rent (2 BR Apartment) $1600 $Data is updating
Average Rent (2 BR House) $1640 $Data is updating

Housing Comparison: Charlotte vs Shelby

  • In Charlotte, the median home price is higher at $364,000, while in Shelby it is $174,000.
  • The rent for a two-bedroom apartment is equal in both Charlotte and Shelby at $1,600.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Charlotte Shelby
Electricity Price $13.72 $14.82
Natural Gas Price $Data is updating $15.61
Other Utilities $250 $Data is updating

Utilities Comparison: Charlotte vs Shelby

  • Shelby has higher electricity costs at $14.82 per kWh, versus $13.72 in Charlotte.
  • Natural gas price data is currently unavailable.
  • Utility expenses are equal in both Charlotte and Shelby averaging $250.