Side-by-side cost of living comparison for 2026
7% cheaper
Fargo is 7% more affordable than Charlotte. A $75,000 salary in Charlotte is equivalent to $69,750 in Fargo.
Index values shown. National average = 100. Lower is cheaper.
To maintain the same standard of living:
See exact take-home pay: North Carolina salaries · North Dakota salaries
Housing is typically the biggest factor in any cost-of-living comparison. Charlotte has a housing index of 99 while Fargo sits at 80 (national average = 100). The median home in Charlotte costs $330,000 compared to $260,000 in Fargo, a difference of $70,000. Monthly rent follows a similar pattern: $1,500 in Charlotte versus $1,000 in Fargo.
Groceries and everyday expenses show a narrower gap: Charlotte scores 101 while Fargo scores 98. Both cities are close to the national average for grocery costs.
Healthcare costs in Charlotte (105) match Fargo (105). Both are close to the national average.
Median household income in Charlotte is $62,308 compared to $55,218 in Fargo. When adjusted for cost of living, income goes further in Fargo.
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