CostIndexUSA

Charlotte, NC vs Yonkers, NY Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableNC
Charlotte
97.3
overall index
$1,700/mo rent
NY
Yonkers
112.6
overall index
$3,225/mo rent

Charlotte is significantly cheaper than Yonkers — 15.7% lower overall cost of living.

To match an $80,000 salary in Charlotte, you would need $92,600 in Yonkers. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+52.3%
Charlotte
97.6
Yonkers
148.6
🛒 Groceries+14.2%
Charlotte
96.6
Yonkers
110.3
🚗 Transportation+7.8%
Charlotte
103.1
Yonkers
111.1
🏥 Healthcare+7.7%
Charlotte
93.3
Yonkers
100.5
Utilities+42.4%
Charlotte
89.2
Yonkers
127

Salary Equivalency Calculator

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

$
Equivalent salary in Yonkers, NY
$92,600
$12,600 more needed in Yonkers

Formula: salary × (112.6 ÷ 97.3) = salary × 1.1572. 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×

Yonkers, NY

Median Home Price
$703,000
Median Monthly Rent
$3,225
Housing Index
148.6
Price-to-Rent Ratio
18.2×

Yonkers has 52.3% higher housing costs compared to Charlotte.

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

Yonkers, NY

Median Household Income
$95,200
Per Capita Income
$54,300
Unemployment Rate
5.2%
Population
211,569
Top Industries
HealthcareFinanceRetailManufacturingEducation

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)

Yonkers, NY
2.5×income-to-rent ratio

59% 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.