Charlotte is 14% cheaper than Peoria.
When comparing Charlotte, NC and Peoria, AZ, the overall cost of living indices are 108 and 125 respectively (national median = 100). Rent is $239/month cheaper in Charlotte, saving renters about $2,868/year.
Median household income is $14,965/year higher in Peoria. Home values also differ significantly — the median in Charlotte is $351,500 compared to $429,400 in Peoria.
Arizona has a lower income tax rate, making Peoria slightly more tax-friendly.
Charlotte vs Peoria — common questions
Other cost of living comparisons for Charlotte and Peoria