Moving To Charlotte in 2022? Cost Of Living & Housing Costs!
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- เผยแพร่เมื่อ 21 ต.ค. 2024
- #movetoclt #charlottenorthcarolina #charlottenc
Hello!
In today's video I discuss the rise in cost of living in Charlotte, NC, rent prices, and the housing market. Let me know what you think in the comment section.
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Thanks for showing this video! I have been looking at condos and townhomes to purchase in Charlotte, and to my surprise it cost as much as Atlanta! Those are the two areas I am considering. I lived in Atlanta for 15 years and have been in the DC metro for 3 now. I am retiring and moving back south. What I am finding is that the availability of homes is the problem, which is driving the cost up. I was looking at highrise condos in uptown and there is low availability. Now I am looking to buy a townhouse further out and even still there's a buyer within the week. My sister lives in Rockhill. She and hubby bought a 3400 sq ft house 5 years ago in the mid $200k range and is now in the $300k! Lots of folks are migrating to Charlotte and driving the prices up. Your video was very helpful and informative! Please do more like this!
Thank you!
I absolutely agree with you. I live in the Northlake area, adjacent to Huntersville. Lately, I find myself frequenting the area and get the rent prices. I also added Uber Eats as a hustle, and I see pockets of new home communities in the outlining areas that I don't sometimes see on real estate apps/sites. Don't get excited...those base prices start over $400k. Honestly, Charlotte is not worth the hype for the cost.
Interesting perspective. Thanks for watching
Moved here about 8 months ago, I was shocked on how inflated the rent cost were. Thankfully I received a really good move in special since my apartment complex was fairly new
Lucky you! Thanks for watching.
The cities where everyone is moving too is driving the prices up.
Average rent for 1 bedroom 1 bath is $1650 and 625sqft. Portland, Oregon is crazy expensive. In Charlotte, do the property managers expect 3x wages and over 65k to rent. My rent here is $1850 and I got lucky because I got a 1000sqft. I’m in sales so it’s different each year, but being single is not easy to pay 💰 so much money. Oregon is by far one of the most beautiful but Oregon is also the 4th most expensive State in the union. Other cities definitely have higher rent but salaries don’t require as much money.
Hi Mark. I’m not sure about what all property mangers expect but I didn’t have to provide proof of income. I’ve heard of 2x the rent at a very upscale apartment. However I know 3x is the norm. I didn’t realize Oregon was so expensive!
Luxury really means updated appliances, it’s overrated.
Yes it can be overrated. Apartments are running with the term “luxury” and using it as an excuse to overcharge when it comes to rent!
It's not a Charlotte issue; it's nationwide. I've been in Miami for a few years and everything is luxury now; Salaries are not inline with rent prices etc. At least in charlotte, the suburbs are still within reach. Here in miami, 50 min away from downtown and people pay 2K for a 1br appt. Downtown is out of the question. Same story is playing out in AZ, Austin, Dallas, Seattle and places that used to be cheaper , Houston, Tenn, OKC
Its getting out of hand! This inflation thing needs a solution ASAP because its going to force alot of people to either be homeless or live in uncomfortable situations.
This video was so informative 👏 & im moving from Tennessee to Charlotte very soon. Reasoning, it's more affordable also because I fell in love with the city the first time I visited lol.
Thank you! What part of Tennessee are you moving from?
@@EJIMANnenaNgozi Nashville
Thank you. Your video was very helpful. I’m a single father. Just came to Charlotte to see what it was like before I decide to move to NC to be closer to my eldest Sun. I instantly noticed that they didn’t have enough work out there to cover expenses and evolve
Your welcome! Where do you live now?
This is true!
@@EJIMANnenaNgozi I’m a couple states up but coming back to NC in a couple weeks.. I found a convenient financial solution that is more universal which allows me to be more flexible where I choose to live.. wherever I’m the world.. so.. now I can come back and live what is in my heart
Amen! Things are costly,but am for the freshen new property.
I love the content, i'm looking to move to Charlotte. I subscribed and your pretty.
Thank you!
Fort Mill is at the North Carolina South Carolina state line. You have to pass the Catawba River to get the Rock Hill. Rock Hill is under Fort Mill but the Catawba River is in middle.
Yes I corrected my statement in the video. I get the two mixed up!
@@EJIMANnenaNgozi you are not the only TH-cam get that messed up. You are cool with me. Your video is off the chain
Hi Nnene,
My name is Nicollette. This video was so informative. I am moving to Charlotte this fall and am doing crazy research on the things you spoke about.
Do you have a list of apartments that you would recommended?
I'm moving this fall as well and her videos are so informative.
Thank you Elvira
Hi there am trying to figure The Queen City COLA too.
Do you still need a list?
@@EJIMANnenaNgozi I would love a list, I'm moving in the fall!
This video was extremely informative. I am from Upstate NY but currently reside in Houston, TX. I have visited Charlotte a few times & loved it! I’ve been having a hard time looking for apartments because there are so many neighborhoods. Are there any specific zip codes you recommend that have nice 1 bedrooms for around $1300-1500?
I am looking too. I have a friend there in Harrisburg, they have beautiful apartments new construction ( 2 years old) for $1200 on bedroom. Check the Belmont at Tryon apartments, zip code 28262. I am going to visit next week.
This is not too far from the university and mallard creek area. I know the further north you go it’s usually more affordable!
Definitely the university and mallard creek area and maybe steel creek idk. But understand this! If you are single and only have one vehicle... I'm telling you now! Do not move to Harrisburg! I wouldn't recommend anyone who doesn't have at least two vehicles(one for back up) to ever live in an area with no buslines or some sort of access to public transportation. Believe me, ish happens, and you don't want to be stranded.
Whatever you decide to do. Ask yourself the what if questions.
Hi, I'm moving to Charlotte soon and it seems like south end is the place to be. However it's rent prices are through the roof. Can you recommend other areas to live in or some good apartments in southend area? I'd be brand new to the area.
Are you interested in South Park? Great area I have a list of apartments under $1,500! Everywhere I know in south end is over $1600 for a one bedroom.
You can also try Steele Creek or Arsley area in South Charlotte, working professionals and families
Any locations in the South Charlotte area are very nice. I live in South Charlotte, near the Arboretum. Search from Ballantyne to South Park and any where in between. The entire area is beautiful and has plenty of everything all over. There are a broad range of apartments and prices. Find the one that’s meets your needs and preferences. Best wishes!
Great video, Queen. Very honest 👑
Thank you Ana!
You made some good points that people have to look at what salary they will make and the cost of rent. I would add to that the personal income tax rate and the sales tax rate. I currently live in Los Angeles and the average person's salary here is not over $100K, they are paying the same salaries as 10 years ago in many industries. Also, the state personal income tax rate for people making over $50K is 9.3%, the highest in the country and the sales tax is locally applied, where I live it's 10.25%, I tracked the cost of sales tax month over month and before gas went up to $6 per gallon here (that's another factor as well as cost of food), the amount I paid in sales tax was enough to buy a tank of gas! I want out!!!! Keep the videos coming!!! I need info on Charlotte.
This makes alot of sense! I just moved to Houston and I still cant believe their is no state taxes. I see so much more of my money now. People need to look into taxes when moving for sure.
Great video. I agree with what you said about the cost of housing relative to what people are earning at their jobs. It does not add up.
I live in the Matthews area and I relocated here almost 4yrs ago. Initially as yourself, I moved into my apartment on a special paying $1003.00 for a 2 bedroom. For me I thought for sure I wouldn't pay any more than $1200.00 as time went on. Mind you I moved here from the outskirts of Fort Lauderdale. For me that was a steal #initially!!!
Ok, so I'm now 3.5 years in, staying the same apartment. Yes my apartment went up to $1210.00 during the first 2.5 years. Now this year I've renewed my lease and my rent is now up to $1600.00. Ridiculous!!!! This will be my last year here that's for sure.
And you are correct, they aren't paying enough to match the cost of living at all!
I think I make a decent wage, but at this point it's become unaffordable!
I might aswell go back to Florida, cuz this ain't it. At least I'd be able to find great entertainment, not to mention having easy access to the beach.
To answer your question, I think I'll be leaving CHARLOTTE 2023.
Wow its really getting real out here! Thanks for watching
I’ve been contemplating selling my place in CT and moving down to Charlotte, and when I first was looking into it, it was pandemic times and prices. I couldn’t believe how nice the places were and how cool the neighborhoods were. So I came back down to shop around a couple of weeks ago and DAMN, the prices were close to NYC prices. Granted you get a LOT more for the money in NC but still. I looked in South End, Plaza Midwood and NoDa. South End was the most expensive but all were hovering between 1750-2000. I make 100,000 but still got sticker shock. However, NoDa seemed to have the best value, so I’m still considering the move.
Same thing with me. I also live in CT and will be moving to Charlotte next year. I'm getting worried with these rent prices.
The rent prices are definitely going up!! Video coming up soon.
Going next week to look for a one bedroom. Wish me luck.
Good luck!
You mention Dallas can you do a video on Dallas vs.Charlotte now that will be a good video on comments i will watch if you do
Great idea Jerry! I haven’t lived in Dallas but we will think about a way to do this video. Thanks.
@@EJIMANnenaNgozi when you gone Put one together
When you gone put that charlotte vs.Dallas together you have not give me a answere yet
@@jerrydavis3548 Dallas, NC?
I'm a little hesitant now about moving there.
Why?
I want to move to charlotte for several reasons: family lives in charlotte and in SC, want to change careers and most tech jobs are in raleigh or Charlotte, I have lived in Greensboro before and I want a change. But the freaking rent is outrageous. Even here in Reidsville where I live the rent almost the same price as in Greensboro but there NO DAMN JOBS in Reidsville. There's a lot of restaurants and few warehouse jobs. Still have to travel to Danville VA or Greensboro NC to find work. I'm frustrated. I want to live to by myself but it looks like I will need to have a roommate which I don't want because I love living alone. The only two options is buy a RV or buy 1/2 acre of land and build a tiny home.
Yeah rent is exploding everywhere now esp major cities. I hope it works out for you!
Huntervilles is near Lake Norman.
I like the Quail Hollow area.
I can tell this sister is A Nurse as well so her take isvery good., Charlotte sounds good
1500 for a 1bedroom is not right I live uptown 1200 a month my little sister pay 1500 for 3 bedroom 2 bath townhome in the Southpark area
Uptown for $1200?! Is this a luxury apartment?
Great video!!
Glad you enjoyed it Harmony!
Thank you for sharing. I am looking to move to Charlotte soon. I am coming from Tennessee and it is TIME TO GO 😂
Go for it Ashley! Thanks for watching 😀
Same here I'm in Chattanooga Tennessee and ready to go ❤️
So true. I’m a realtor here in Charlotte.
Hi Paris!
Great assessment. Thanks Nnena
Your welcome Tommy!
Charlotte doesn’t offer what other tier 1 metropolitan cities offer to be charging anywhere more than $2K for a residence, unless it’s a secure Uptown high rise that price tag isn’t worth it to me. But then you’d have to live in Uptown lol.
I think people moving here with their 6 fig remote jobs in tech are also skewing things (speaking for myself as well) but I knew I didn’t want to be in a luxury large complex. If a place is modern (built post 2000) in a safe location, and kept up well (concrete structure was mandatory for me) with in-unit washer & dryer and a dedicated space for me to WFH I considered it. Charlotte is getting expensive for sure, but I still think the opportunity for ownership here is better than in the North so it works for me.
Great points. Yeah if your making 6 figures the rent prices are very reasonable. My complex was built in the 2000’s then renovated. I don’t need a brand new building. I hear they aren’t made as well anyways 🤷🏽♀️
I have a friend that moved to NC from CT during the pandemic she brought a house and then shortly after well 8months after she had to give the house back to the bank because her and her husband weren’t essential workers so they’re renting a 3bd townhouse beautiful place btw! Long story short now it’s 22 and she just announced that she’s and husband are currently closing on a home not to mention this girl is a stay at home mom and her husband is a maintenance supervisor and she has three kids. Now make it make sense how is she able to afford a house when she not working only her husband is and she has three kids is this possible?
Hello sorry for the late reply. Not sure. Housing definitely is not cheap here.
In Charlotte do you guys have Micro Studio Apartments downtown? I'm curious, I have found the communal Micro Studio Apartments to be cheaper in various cities.
I’m not sure! I’ve never heard of micro studio apartments.
thank you so much for ur video I'm definitely moving to north Carolina but I'm not moving to Charlotte that's for sure
Glad it was helpful! Where do you plan on moving?
Love Charlotte tho.. even with all of the Hornets it is absolutely beautiful. Just to wake up and smell the trees was lovely
I'll be moving in 2022. June. I was there in Oct. 2021. I liked the Southpark area. Did you have any experience looking at apartments there? I gotta get out of NYC.
Hey Brett! I do have a list of apartments in South Park if your interested.
Hi I just accepted a job offer in Charlotte and will be relocating in August! I've found an apartment in lower south end that I liked, my question is, is this still considered southend? is it safe I will be living alone but I also want the "city life" Or would it be beneficial to look in the heart of southend/uptown. I am young so I will like things nearby.
Once you drive out of the “heart” of Southend away from uptown, you are no longer in Southend. You will be in a particular stretch of area that is not ideal…practically an opposite…until you get through that part and reach the southwest side of Charlotte, nearing the Carowinds area, which is more ideal living/shopping environment…still not the upscale/social life of Southend.
I really want to move from Michigan to NC but my husband and I only pay 800 for our rental for a two bedroom and if we’re going to pay 12-1300 per month I would want it to be on a housing rental.
I currently work from home and my husband is a cook, but again we’re looking to relocate but to an affordable reasonable nice safe diverse area in NC it doesn’t have to be charlotte, even Durham or Raleigh. I’m close to my family and I’m scared to make such a permanent move, but I feel it’s time and I’m ready… any suggestions?
Your open to any part of NC?
Thinking of relocating from Frisco, TX a northern suburb of Dallas. Possible job opportunity but to no surprise the rents and cost of living isn't that much different than Dallas. Its a good job opportunity but does it outweigh the troubles of relocating in such crazy times?
I understand!
I’m living in New York and I am planning to move to Charlotte. What is the first step that I have to do? I don’t have nobody living there.
Securing a job is what I would recommend.
@@EJIMANnenaNgozi 👏🏽thank you so much
Lol at “ go from Cali to Winston Salem” cause that’s exactly me
I feel the same way about moving to cali . Might as well move to another country 😂😂😂
I *think* you made a mistake with the average incomes (I may be wrong ) . I think one of the averages you mentioned should be HOUSEHOLD income and the other one (lower one) will be INDIVIDUAL income .
By the way, can you suggest areas I should be looking at if I want a reasonable commute distance from a nice suburban neighborhood to Wells Fargo HQ on Tyron street ? I would be moving to Charlotte in June . Thank you .
Both were individual but will double check. 70k for a household no way lol. Wells Fargo on 550 Tyron is in uptown. What is a reasonable commute to you?
Thank you for getting back to me. I am okay spending 25 - 35 minutes commuting to work. And since I am African proximity to large african communities would be a plus .
Hi. Im not sure about being close to the African community. But as far as being close to 25-35 min from uptown I would look into the university area or South Park.
@@kwesi7248 also look into Steele Creek or Arsley area…
@@kwesi7248 hey you should look into the south Charlotte area near the airport, plaza midwood, noda it’s about 15 mins from HQ.
Your rent cost as much if not more than Southern California!Wow!!! Cost as much as San Francisco!For what? Why so much?Beach?Nice weather?Guess Im retiring to Michigan,Ohio or Pennsylvania ...thanks for heads up...No way in hell after living in Southern California for 30 years am I gonna pay that for N.Carolina ...ok..you know your N.Carolina...
My husband just accepted a job in Gastonia so we are moving there next month from Ohio. Our goal is to move to Charlotte after we’ve been in the area for a year. Any tips on Gastonia?
Gastonia is developing so quick! You may end up staying lol.
I would never live in Gastonia. It's such a run down city, not to mention the amount of meth heads you'll see in that area.
I don’t see the issue I live in Miami avg apart 1,998-2,506 and I’m moving to charlotte in a few months I make 75k a year I’ll be fine 🤣nc is very cost efficient compared to a lot of other cities thank you for the info tho
Yes coming from Miami it is but alot people come down south have are not realistic about pricing. What part of CLT are you looking to move too? Thanks for watching!
@@EJIMANnenaNgozi uptown i believe is the correct name the apartments I got accepted for are uptown 550 and the vue charlotte which I’m not exactly sure if that’s anywhere near southern I’m still learning
Southend I meant
And cities I should avoid?
Charlotte is a city.
I'm in telecommunications and making roughly 80k/ annually and closer to 100k with OT. Can I make it in a nice neighborhood with my 80k salary?
Of course!
Absolutely! If it’s just you and your finances are in order. You are in a true position to choose where you want to live in Charlotte. I make a little above 50k and I can afford to live in South Charlotte (very nice place with that average rent price she quoted in the video!). I absolutely love it, and it’s not a strain on my finances. (I am good at managing my money). Anyhow, I take your salary and live downtown like I’ve always wanted…or in Dilworth/Southend. 😊
@@sylviakinley8484 no. Actually I live in the Whitehall section off of Arrowwood Rd. I'm not with living around the uptown/downtown scene. I actually found a nice place in one of the 10k apartment complexes that Charlotte has. Are you new out here also? Let's connect
I like Ballantyne. It's so pretty here.
Yes it is. The trees are so pretty in the fall!
i live in NYC , AND its crazy pricey without the affordable things for children especially minorities.
I dont know how people survive there. Especially in manhattan.
@@EJIMANnenaNgozi sister brooklyn and manhattan is no different today
You need a salary of 114,000 a year
Ny times article states
We bought 30 years ago
I am an assistant engineer work online
GOD WILLS I will move out soon
With my whole family
And check this, i own my home with my moms and the utilties are now alone 1800 a month ! Those people who speak about brooklyn dontvknow anything at all and arent truthful
Are u from Ghana the reason why I stated is because a lot of my friends men and women they have that same name and they are from Ghana I love it
Hi My family is from Nigeria. Nnenna is Nigerian. Nana is Ghanian!
@@EJIMANnenaNgozi oh ok
@@EJIMANnenaNgozi It’s pronounced almost the same that’s why I was confused
It's not about how much money you make its what you do with it. I'm coming to Charlotte next week I'm from Fayetteville NC just don't like it here anymore. It's a military town there's really not to many opportunities here in Fayetteville unless you're working at Goodyear which it'll be a miracle to get a interview there. I got a few job opportunities us foods fedex in Charlotte make good money also as long as I can make more than 1100 a week I can maintain I'm looking in the concord area or close to Statesville rd something close to my job that way if anything was to go wrong with my car I can easily pay a few dollars to catch a Uber I'm also going to Doordash and Uber eats any means to pay bills. I don't know any job in Fayetteville NC starting at $18 a hour and making $30 an hour after catching on to the job and work 70 hours a week. I'm al about that life
Hi Jamil I get your point but how much you make is a starting point. You could be good with money but if your making 20k a year there is only so much you can do with that. You seem to have good head on your shoulders. Goodluck with your move to Charlotte!
I wanna go to Charlotte for welding job
When next video come out
I am thinking about the University Area
What are cities I should stay in being black?
Towns in Charlotte?
You not make good video on charlotte compare charlotte with others city like charlotte vs.nashville or charlotte vs washington D.C or charlotte vs.Dallas what take so long to make the video
Hello Jerry! Unfortunately I can’t compare Charlotte to cities I have never lived in or visited. I don’t want to give out false information 😀
@@EJIMANnenaNgozi how about different area in charlotte like steel creek area vs. The university area or Gastiona vs. Concord
@@jerrydavis3548 I believe she said " I can’t compare Charlotte to cities I have never lived in or visited." You can search TH-cam for the info that you're seeking
DC and Dallas are in higher tiers with population, jobs and amenities.
is there any country towns near charlotte where you can get more land. but close enough to run back to charlotte in case in need back up with some of these far right trump folks?
Concord and Kannapolis, NC. About a 30min. commute.
@@Happy-mp7vm good stuff. 👍
Salisbury is about 50 min from Charlotte. I have family there.
Mint Hill/Albermarle areas and all areas heading out that way outside of Charlotte. You can get more land and house at a better rate. As for really beautiful, more country land, yet still close and has its own shopping areas that you really don’t have to drive back into Charlotte except for maybe work or entertainment…Weddington! It’s Union County, but it’s right outside of Charlotte/Ballantyne. Beautiful. Better school district, if that’s an interest. Lower taxes. Also, Indian Land, SC; also near Ballantyne. Beautiful land!
Oh but wait, I just noticed the last part of your comment. I wasn’t answering to that part. That’s not stuff I am concerned about or has ever allowed it to be an issue for me since I’ve lived here or anywhere. God is good! Life is good! ❤️
Great content and thanks for sharing. Charlotte is nice and pretty much connected to Concord. In 90s I used to live in Salisbury about 35 minutes from Charlotte. Abdul Omo9ja