CostIndexUSA

Charlotte, NC vs Cheyenne, WY Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NC
Charlotte
97.3
overall index
$1,700/mo rent
More AffordableWY
Cheyenne
96.5
overall index
$1,475/mo rent

Cheyenne is slightly cheaper than Charlotte — 0.8% lower overall cost of living.

To match an $80,000 salary in Charlotte, you would need $79,300 in Cheyenne. Calculate your salary ↓

Category Breakdown

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

🏠 Housing8.0%
Charlotte
97.6
Cheyenne
89.8
🛒 Groceries1.2%
Charlotte
96.6
Cheyenne
95.4
🚗 Transportation+2.2%
Charlotte
103.1
Cheyenne
105.4
🏥 Healthcare+2.3%
Charlotte
93.3
Cheyenne
95.4
Utilities12.6%
Charlotte
89.2
Cheyenne
78

Salary Equivalency Calculator

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

$
Equivalent salary in Cheyenne, WY
$79,300
$700 less needed in Cheyenne

Formula: salary × (96.5 ÷ 97.3) = salary × 0.9918. 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×

Cheyenne, WY

Median Home Price
$377,000
Median Monthly Rent
$1,475
Housing Index
89.8
Price-to-Rent Ratio
21.3×

Charlotte has 8.0% lower housing costs compared to Cheyenne.

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

Cheyenne, WY

Median Household Income
$75,100
Per Capita Income
$42,800
Unemployment Rate
5.4%
Population
63,957
Top Industries
GovernmentMilitaryHealthcareRetailManufacturing

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)

Cheyenne, WY
4.2×income-to-rent ratio

76% 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.