Charlotte, NC vs South Bend, IN Cost of Living
Data: BEA Regional Price Parities · Census ACS · 2024
South Bend is slightly cheaper than Charlotte — 4.5% lower overall cost of living.
To match an $80,000 salary in Charlotte, you would need $76,400 in South Bend. Calculate your salary ↓
Category Breakdown
Index values: 100 = U.S. national average. Higher = more expensive.
Salary Equivalency Calculator
Enter your current salary in Charlotte to see what you'd need to earn in South Bend to maintain the same purchasing power.
Formula: salary × (92.9 ÷ 97.3) = salary × 0.9548. 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×
South Bend, IN
- Median Home Price
- $221,000
- Median Monthly Rent
- $1,375
- Housing Index
- 74.6
- Price-to-Rent Ratio
- 13.4×
Charlotte has 23.6% lower housing costs compared to South Bend.
Income & Job Market
Charlotte, NC
- Median Household Income
- $81,300
- Per Capita Income
- $46,300
- Unemployment Rate
- 3.6%
- Population
- 879,709
South Bend, IN
- Median Household Income
- $65,800
- Per Capita Income
- $37,500
- Unemployment Rate
- 4.7%
- Population
- 103,453
Affordability at a Glance
Income-to-rent ratio: higher is better (more income relative to housing costs).
75% of income left after rent (median)
75% of income left after rent (median)
Related Comparisons
Charlotte vs other cities
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.