Side-by-side cost of living comparison for 2026
Charlotte and Norfolk have very similar costs of living, with less than a 3% difference overall.
Index values shown. National average = 100. Lower is cheaper.
To maintain the same standard of living:
See exact take-home pay: North Carolina salaries · Virginia salaries
Housing is typically the biggest factor in any cost-of-living comparison. Charlotte has a housing index of 99 while Norfolk sits at 95 (national average = 100). The median home in Charlotte costs $330,000 compared to $250,000 in Norfolk, a difference of $80,000. Monthly rent follows a similar pattern: $1,500 in Charlotte versus $1,300 in Norfolk.
Groceries and everyday expenses show a narrower gap: Charlotte scores 101 while Norfolk scores 99. Both cities are close to the national average for grocery costs.
Healthcare costs in Charlotte (105) are higher than Norfolk (99). Both are close to the national average.
Median household income in Charlotte is $62,308 compared to $51,938 in Norfolk. When adjusted for cost of living, purchasing power is similar in both cities.
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