Cost of LivingUpdated 2026-03-23

Charlotte, North Carolina

In Charlotte, North Carolina, a gallon of regular gas costs $3.73 as of 2026-03-23 — $0.28 above the national average of $3.45. The average monthly rent for all unit types is $1,700, compared to the national average of $1,900. Grocery inflation is running at 2.58% year-over-year. Since 2022, bread prices have increased significantly while egg prices have been volatile due to avian flu outbreaks. Charlotte's cost-of-living index of 98 puts it below the national average of 100.

Key Numbers

Gas (Regular)

$3.73

National: $3.45

6.8%vs. 2022
AAA Gas Prices

Avg Rent (All)

$1,700

National: $1,900

14.0%vs. 2022

Grocery Inflation

2.58%

Year-over-year

BLS/FRED CPI

Fast Food Avg

$12.50

Combo meal

5.5%YoY

Electricity

13.2¢/kWh

~$119/mo avg bill

18.5%vs national avg
EIA Residential

Car Insurance

$140/mo

$1,680/yr state avg

21.9%vs national avg
Bankrate/NAIC

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Grocery Prices

Grocery Item Prices — 2022 to Present

Item20222023202420252026Change
Eggs (dozen)Bird flu volatility$1.87$2.21$2.80$4.19$2.30+2960.0%
Milk (gallon)$3.60$3.89$3.89$4.01$4.05+630.0%
Ground Beef (lb)$3.86$4.83$5.02$5.22$5.27+36.5%
Bread (loaf)$2.24$3.05$3.23$3.46$3.53+1900.0%
Chicken Breast (lb)$3.80$4.11$4.19$4.32$4.36+2630.0%
Butter (lb)$4.36$4.98$5.12$5.43$5.54+27.1%
Bacon (lb)$6.29$6.93$7.42$7.72$8.11+28.9%
Cheddar Cheese (lb)$5.90$6.49$6.61$6.74$6.87+16.4%
Pasta (lb)$1.54$1.92$2.04$2.10$2.14+39.0%
Rice (5 lb)$4.32$5.02$5.27$5.43$5.59+29.4%
Coffee (12 oz)$8.40$10.18$10.88$11.20$11.31+34.6%
Orange Juice (64 oz)Citrus shortage$3.83$4.56$5.02$5.21$5.42+41.5%
Potatoes (5 lb)$4.07$4.27$4.49$4.67$4.72+16.0%
Apples (3 lb)$4.54$4.81$5.00$5.15$5.15+13.4%
Tomatoes (lb)$2.15$2.46$2.63$2.73$2.84+32.1%
Lettuce (head)$1.74$1.91$2.06$2.18$2.25+29.3%
Cooking Oil (48 oz)$5.54$6.92$7.55$7.93$7.93+43.1%
Yogurt (32 oz)$4.32$4.76$5.10$5.25$5.36+24.1%
Cereal (family size)$4.69$5.39$5.82$5.93$5.99+27.7%
Frozen Pizza$6.12$7.27$7.85$8.40$8.48+38.6%

Dining & Restaurants

Fast Food Meal

$12.50

Casual Dining

$27.03

Monthly Spend

$456.04

+5.48% YoY

Chain Restaurant Meal Prices — 2022 vs. Today

Combo meal / typical order for one

McDonald's

2022: $8.14

$13.13

+61.3%

Wendy's

2022: $9.19

$14.18

+54.3%

Chipotle

2022: $9.85

$14.71

+49.3%

Starbucks

2022: $4.64

$6.45

+39.0%

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