Living Cost Compare
Charlotte

North Carolina

$1,560/mo est.

vs
Davenport

Iowa

$960/mo est.

Monthly estimate = 1BR rent + electricity + gas

A one-person monthly baseline (1BR rent plus typical utilities) runs $1,560 in Charlotte, NC versus $960 in Davenport, IA. Overall, Davenport, IA is roughly 38% cheaper to live in day-to-day than Charlotte, NC, driven mainly by rent.

Median household income is $78,438 in Charlotte, NC and $64,497 in Davenport, IA — about 18% higher in Charlotte, NC. North Carolina has a top state income tax rate of 3.99% and a 4.75% state sales tax; Iowa has a top state income tax rate of 3.80% and a 6% state sales tax.

Rent

Studio
$1,424
$726
+49% in Charlotte, NC
1 Bedroom
$1,374
$777
+43% in Charlotte, NC
2 Bedroom
$1,491
$962
+35% in Charlotte, NC
3 Bedroom
$1,663
$1,117
+33% in Charlotte, NC

Buying a Home

Median Home Value
$351,500
$162,900
+54% in Charlotte, NC

Income

Median Household Income
$78,438
$64,497
+18% in Charlotte, NC
Metro Median Wage (annual)
$49,990
$48,550
+3% in Charlotte, NC

People & Lifestyle

Median Age
34.4 yr
37.8 yr
+3.4 yr in Davenport, IA
Homeownership
51.5%
63.0%
+11.5 pp in Davenport, IA
Bachelor's+ (25+)
47.4%
30.0%
+17.4 pp in Charlotte, NC
Avg Commute
25.0 min
18.7 min
+6.3 min in Charlotte, NC

Crime (per 100k/yr)

Violent Crime
733.1
581.4
+21% in Charlotte, NC
Property Crime
3,718.9
3,559.6
+4% in Charlotte, NC

FBI Crime Data Explorer. Offenses per 100,000 residents per year; agency reporting practices vary, so this is approximate.

Climate

Avg Annual Temperature
59.9°F
49.3°F
+10.6°F in Charlotte, NC
Annual Precipitation
41.6 in
36.0 in
+5.6 in in Charlotte, NC

Gas

Regular Gasoline
$3.94/gal
$3.85/gal
+2% in Charlotte, NC

Area: East Coast (PADD 1) vs Midwest (PADD 2).

Public Transit

Base Fare (one-way)
$2.20

Adult base one-way fare — CATS vs (2026).

Utilities

Electricity (¢/kWh)
14.7
15.9
+8% in Davenport, IA
Natural Gas ($/MCF)
$30.10
$22.16
+26% in Charlotte, NC

Residential, state-level averages (EIA). MCF = 1,000 cubic feet.

Groceries

Milk (gal)
$4.00
$4.31
+8% in Davenport, IA
Bread (lb)
$1.75
$1.66
+5% in Charlotte, NC
Eggs (doz)
$2.21
$3.63
+64% in Davenport, IA
Ground Beef (lb)
$6.45
$6.77
+5% in Davenport, IA
Chicken (lb)
$1.90
$2.10
+10% in Davenport, IA
Bananas (lb)
$0.62
$0.62
about equal

Average prices — South vs Midwest (BLS). Regional where available, otherwise U.S. average.

State Taxes

Sales Tax (NC / IA)
4.75%
6%
+1.3 pp in IA
Income Tax (top rate)
3.99%
3.80%
+0.2 pp in NC

Charlotte vs Davenport — FAQ

Is it cheaper to live in Charlotte or Davenport?
Davenport, IA is cheaper. Its monthly baseline of $960 (1BR rent + utilities) runs about 38% below Charlotte, NC's $1,560, mainly because of rent.
How much more do you need to earn to live in Charlotte than in Davenport?
To keep rent near the recommended 30% of gross income, you'd want to earn roughly $55,000 a year in Charlotte versus $31,000 in Davenport.
Which has lower taxes, Charlotte or Davenport?
Charlotte is taxed under North Carolina's rules (a top state income tax rate of 3.99% and a 4.75% state sales tax); Davenport under Iowa's (a top state income tax rate of 3.80% and a 6% state sales tax).

Sources: US Census Bureau, ACS 5-Year (rent, income, home value, demographics); NOAA Climate Normals 1981–2010 (climate); EIA weekly retail (gas); Tax Foundation 2026 (state taxes).