Uprootmap

Minneapolis, MNCharlotte, NC

Moving to Charlotte costs you $193 a month

−$2,316 a year for the same registered nurse, the same household size, and the same number of bedrooms.

Monthly and annual budget comparison between Minneapolis, MN and Charlotte, NC
Per monthMinneapolisCharlotteDifference
Gross pay$8,250$7,705−$545
Income and payroll tax$2,186$1,868−$318
Take-home pay$6,064$5,837−$227
Rent$1,369$1,329−$40
Getting around$504$568+$64
Groceries$400$384−$16
Healthcare$450$432−$18
Utilities$250$240−$10
Everything else$350$336−$14
Left over$2,741$2,548−$193

To break even in Charlotte, you'd need to earn

$96,000

Household gross, versus $99,000 today. That's the salary that leaves you exactly as much at the end of the month as Minneapolis does now.

The tax difference alone

+$1,881

A year, in state and local income tax. Effective rates: 26.5% in Minneapolis, 24.2% in Charlotte.

Minneapolis, MN in full

Strong wages, good bones, and a January that averages 9°F at night.

Charlotte, NC in full

A banking hub with a 4.25% flat tax and mild winters.

The reverse move

Same two cities, but starting from Charlotte on Charlotte wages.

CharlotteMinneapolis

Rent is Zillow's asking rent for each metro; taxes and living costs are modelled. An estimate, not a quote or tax advice. How this is calculated.