Cost of Living: Charlotte, NC vs Hollywood, FL (2026)

Charlotte

North Carolina
108
VS

Hollywood

Florida
113

Charlotte is 4% cheaper than Hollywood.

$1,504/mo ↓ 3%
Median Rent
$1,555/mo ↑ 3%
$78,438/yr ↑ 20%
Median Income
$65,359/yr ↓ 17%
$351,500 ↓ 6%
Home Value
$374,200 ↑ 6%
$1,487/mo ↓ 5%
Owner Costs
$1,568/mo ↑ 5%
886,283
Population
152,935

Tax Comparison

4.5%
Income Tax
0%
4.75%
State Sales Tax
6.0%
0.8%
Property Tax
0.86%

Affordability

23.0%
rent-to-income
Affordability
28.6%
rent-to-income

Detailed Comparison

When comparing Charlotte, NC and Hollywood, FL, the overall cost of living indices are 108 and 113 respectively (national median = 100). Rent is $51/month cheaper in Charlotte, saving renters about $612/year.

Median household income is $13,079/year higher in Charlotte. Home values also differ significantly — the median in Charlotte is $351,500 compared to $374,200 in Hollywood.

Florida has no state income tax, giving Hollywood residents a significant tax advantage over North Carolina's 4.5% rate.

Frequently Asked Questions

Charlotte vs Hollywood — common questions

Is Charlotte or Hollywood cheaper to live in?
Based on our cost index, Charlotte is cheaper to live in with an index of 108 compared to 113 (US average = 100).
What is the rent difference between Charlotte and Hollywood?
Median rent in Charlotte is $1,504/month and in Hollywood it's $1,555/month — a difference of $51/month.
Which city has higher income, Charlotte or Hollywood?
Median household income is $78,438 in Charlotte and $65,359 in Hollywood. Median household income is $13,079/year higher in Charlotte.
How do taxes compare between North Carolina and Florida?
North Carolina has 4.5% income tax, 4.75% sales tax, and 0.8% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Charlotte or Hollywood?
It depends on your priorities. Charlotte has a cost index of 108 with median rent of $1,504/mo, while Hollywood has a cost index of 113 with rent of $1,555/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Charlotte details → View Hollywood details →

More Comparisons

Other cost of living comparisons for Charlotte and Hollywood

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