Washington-Arlington-Alexandria vs Charlotte-Concord-Gastonia

Cost of living comparison based on BEA Regional Price Parities. Charlotte-Concord-Gastonia is 10.6% less expensive than Washington-Arlington-Alexandria.

What This Comparison Actually Tells You

The Bureau of Economic Analysis indexes Washington-Arlington-Alexandria, DC-VA-MD-WV at an overall Regional Price Parity of 108.9 and Charlotte-Concord-Gastonia, NC-SC at 97.3, using the U.S. national average of 100 as the reference point. That puts Charlotte-Concord-Gastonia 10.6% less expensive than Washington-Arlington-Alexandria on a blended basket of goods, services, and rents. The raw index gap of 11.5 points matters more than the headline comparison because it flows directly into salary-equivalent math that families use for relocation, job offers, and remote-work arbitrage decisions.

Inside the breakdown, Washington-Arlington-Alexandria indexes goods at 104.8, services at 106.7, and rents at 151.1, while Charlotte-Concord-Gastonia comes in at 96.6, 89.2, and 97.6 on the same three categories. The rent line carries the largest weight in the BEA methodology, so a metro with a higher rent index almost always ends up more expensive overall - Washington-Arlington-Alexandria carries the heavier rent load here, and that tends to dominate household budget experience on the ground.

In salary terms, a $100,000 income in Washington-Arlington-Alexandria has the same purchasing power as $89,405 in Charlotte-Concord-Gastonia based on these indexes. The two metros serve populations of roughly 6,263,796 (Washington-Arlington-Alexandria) and 2,712,818 (Charlotte-Concord-Gastonia), and median household incomes are $123,896 versus $80,201 respectively - so the right way to read this comparison is never the index alone, but the ratio of your expected local salary to the rent and services mix. For any serious relocation or remote-work decision, pair this BEA comparison with BLS occupation-specific wage data, HUD Fair Market Rent tables, and state tax treatment before committing.

Washington-Arlington-Alexandria
108.9
Cost Index
Charlotte-Concord-Gastonia
97.3
Cost Index

Category Breakdown

Category Washington-Arlington-Alexandria Charlotte-Concord-Gastonia Difference
Overall 108.9 97.3 -11.5
Goods 104.8 96.6 -8.3
Services 106.7 89.2 -17.5
Rents 151.1 97.6 -53.5

Visual Comparison

Overall
Washington-Arlington-Alexandria
108.9
Charlotte-Concord-Gastonia
97.3
Goods
Washington-Arlington-Alexandria
104.8
Charlotte-Concord-Gastonia
96.6
Services
Washington-Arlington-Alexandria
106.7
Charlotte-Concord-Gastonia
89.2
Rents
Washington-Arlington-Alexandria
151.1
Charlotte-Concord-Gastonia
97.6

Vertical line = national average (100)

Salary Equivalents

What a salary in Washington-Arlington-Alexandria would need to be in Charlotte-Concord-Gastonia for the same purchasing power:

In Washington-Arlington-Alexandria In Charlotte-Concord-Gastonia Difference
$50,000 $44,703 $-5,297
$75,000 $67,054 $-7,946
$100,000 $89,405 $-10,595
$150,000 $134,108 $-15,892

Use the salary calculator for custom amounts.

Metro Context

Metric Washington-Arlington-Alexandria Charlotte-Concord-Gastonia
Population 6,263,796 2,712,818
Median Income $123,896 $80,201
Data Year 2024 2024

Frequently Asked Questions

Is Charlotte-Concord-Gastonia more expensive than Washington-Arlington-Alexandria?
Charlotte-Concord-Gastonia is 10.6% less expensive than Washington-Arlington-Alexandria. The overall cost index is 97.3 vs 108.9 (national average = 100).
What salary in Charlotte-Concord-Gastonia equals $100K in Washington-Arlington-Alexandria?
A $100,000 salary in Washington-Arlington-Alexandria has the same purchasing power as $89,405 in Charlotte-Concord-Gastonia. This is based on the BEA Regional Price Parity indexes.
How do rents compare between Washington-Arlington-Alexandria and Charlotte-Concord-Gastonia?
Rents in Washington-Arlington-Alexandria are indexed at 151.1 while Charlotte-Concord-Gastonia is at 97.6 (national average = 100). Washington-Arlington-Alexandria has higher rents.

Source: Bureau of Economic Analysis, Regional Price Parities (2024). Index where national average = 100.

Data sourced from official public datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial