CostIndexUSA

Charlotte, NC vs Scranton, PA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NC
Charlotte
97.3
overall index
$1,700/mo rent
More AffordablePA
Scranton
93.6
overall index
$1,325/mo rent

Scranton is slightly cheaper than Charlotte — 3.8% lower overall cost of living.

To match an $80,000 salary in Charlotte, you would need $77,000 in Scranton. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing31.4%
Charlotte
97.6
Scranton
67
🛒 Groceries+4.2%
Charlotte
96.6
Scranton
100.7
🚗 Transportation≈ Equal
Charlotte
103.1
Scranton
102.6
🏥 Healthcare≈ Equal
Charlotte
93.3
Scranton
92.8
Utilities+19.4%
Charlotte
89.2
Scranton
106.5

Salary Equivalency Calculator

Enter your current salary in Charlotte to see what you'd need to earn in Scranton to maintain the same purchasing power.

$
Equivalent salary in Scranton, PA
$77,000
$3,000 less needed in Scranton

Formula: salary × (93.6 ÷ 97.3) = salary × 0.9620. Based on BEA Regional Price Parities.

Housing Market

Charlotte, NC

Median Home Price
$380,000
Median Monthly Rent
$1,700
Housing Index
97.6
Price-to-Rent Ratio
18.6×

Scranton, PA

Median Home Price
$220,000
Median Monthly Rent
$1,325
Housing Index
67
Price-to-Rent Ratio
13.8×

Charlotte has 31.4% lower housing costs compared to Scranton.

Income & Job Market

Charlotte, NC

Median Household Income
$81,300
Per Capita Income
$46,300
Unemployment Rate
3.6%
Population
879,709
Top Industries
FinanceHealthcareManufacturingTechnologyEnergy

Scranton, PA

Median Household Income
$58,800
Per Capita Income
$33,500
Unemployment Rate
4%
Population
76,997
Top Industries
HealthcareManufacturingEducationGovernmentRetail

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Charlotte, NC
4.0×income-to-rent ratio

75% of income left after rent (median)

Scranton, PA
3.7×income-to-rent ratio

73% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.