CostByCity

Charlotte, NC vs Kokomo, IN

Cost of Living Comparison

Kokomo, IN is more affordable by 7.7 index points

Side-by-Side Comparison

CategoryCharlotte, NCKokomo, INDifference
Overall97.389.6+7.7
Housing97.659.3+38.4
Goods96.694.3+2.3
Utilities89.286.3+2.9
Other Services98.299.1-0.9

Income & Housing Comparison

MetricCharlotte, NCKokomo, IN
Median Household Income$76,177$62,014
Median Home Value$283,000$143,100
Median Monthly Rent$1,279$855
Per Capita Income$42,735$33,391

Frequently Asked Questions

Is Charlotte, NC or Kokomo, IN cheaper to live in?
Kokomo, IN is more affordable. The cost of living difference is 7.7 index points (Charlotte, NC: 97.3, Kokomo, IN: 89.6).
Where is housing cheaper, Charlotte, NC or Kokomo, IN?
Housing is more affordable in Kokomo, IN. Housing index: Charlotte, NC (97.6) vs Kokomo, IN (59.3).