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Cost of Living Comparison 2026

๐Ÿ“ Brooklyn Park, MN โ€” ZIP-level rent data ยท COL adjusted from Minneapolis, MN area

$

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You'd save $513/month moving to Charlotte, NC

$150.0K in your current city equals $143.8K in Charlotte, NC

Rent data from HUD ZIP-level estimates ยท COL index from Minneapolis-St. Paul-Bloomington, MN-WI area
Overall Cost
โ†“ 6.8%
Less expensive
Monthly Impact
$513
Savings
Annual Impact
$6.2K
Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Brooklyn Park, MN

Population:82K
Cost Index:100
Median Home:$348K

Charlotte, NC

Population:875K
Cost Index:93
Median Home:$399K

Brooklyn Park, MN

The North Star State

82K
Population
State Tax
Yes

Located in Minnesota, this city has a population of 82K residents.

Charlotte, NC

The Tar Heel State

875K
Population
State Tax
Yes
Climate
Humid subtropical

Notable Facts

  • โ€ขMajor banking center
  • โ€ขNASCAR headquarters
  • โ€ขQueen City

Major Industries

FinanceTechnologyEnergyMotorsports

Cost Breakdown by Category

Annual spending: Brooklyn Park, MN vs Charlotte, NC

๐Ÿš—Transportation
โ†“ 9.6%
Brooklyn Park, MN
$1,330
Charlotte, NC
$1,202
Difference
$128
less
๐ŸฅHealthcare
โ†“ 14.0%
Brooklyn Park, MN
$742
Charlotte, NC
$638
Difference
$104
less
๐Ÿ Housing
โ†‘ 1.4%
Brooklyn Park, MN
$2,435
Charlotte, NC
$2,469
Difference
$33.70
more
๐Ÿ›’Groceries
โ†“ 2.1%
Brooklyn Park, MN
$1,011
Charlotte, NC
$989
Difference
$21.29
less
โšกAll Utilities
โ†‘ 4.0%
Brooklyn Park, MN
$499
Charlotte, NC
$519
Difference
$20.15
more
๐Ÿ“ฆOther
โ†“ 0.2%
Brooklyn Park, MN
$1,711
Charlotte, NC
$1,707
Difference
$3.12
less

๐Ÿ Rent Comparison

Studio
From$1,524
To$1,630
โ†‘ $106
1 Bed
From$1,721
To$1,710
โ†“ $11.00
2 Bed
From$2,098
To$1,870
โ†“ $228
3 Bed
From$2,778
To$2,300
โ†“ $478
Brooklyn Park, MNZIP-level data

1BR range: $2,100โ€“$2,100/mo

Charlotte, NCZIP-level data

1BR range: $1,340โ€“$2,310/mo

๐Ÿ’ก Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,727
Monthly in Brooklyn Park, MN
$7,525
Monthly in Charlotte, NC
$202
Difference

Home Values

Brooklyn Park
Charlotte
$348K
Median Value
$399K
โ†‘ +1.8%
YoY Change
โ†“ -1.1%
โ†‘ +19.6%
5-Year Change
โ†‘ +40.8%
$348K
Price Range
$293K - $1.57M

Homes in Charlotte are 15% more expensive than Brooklyn Park

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
โ†‘ $3.3K
Per year
Monthly Difference
$276
More take-home
Effective Rate Diff
2.2%
Rate difference

Brooklyn Park, MN

Federal Income Tax
Effective: 18.9%
$25.5K
Minnesota State Tax
Effective: 7.0%
$10.4K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 31.6%
$47.4K
Take-Home Pay
$8,546/month
$102.6K

Charlotte, NC

Federal Income Tax
Effective: 18.9%
$25.5K
North Carolina State Tax
Effective: 4.8%
$7.1K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 29.4%
$44.1K
Take-Home Pay
$8,822/month
$105.9K

Additional Tax Information

Brooklyn Park, MN Tax Rates

Sales Tax:8.0%
Property Tax:1.1%

Charlotte, NC Tax Rates

Sales Tax:7.1%
Property Tax:0.8%

๐Ÿ’ก Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Brooklyn Park
Charlotte
42 Good
Air Quality
51 Moderate
66.4%
Good Air Days
46.2%
98 High
Climate Risk
97 High
๐ŸŒŠ๐ŸŒก๐ŸŒช
Top Hazards
๐ŸŒŠ๐ŸŒช๐Ÿ’จ
โ–ฒ+3.6ยฐF
2050 Outlook
โ–ฒ+2.9ยฐF
14 days
Heat Days >95ยฐF
36 days
โ–ฒ+3.6ยฐF
2050 Outlook
โ–ฒ+2.9ยฐF
14 days
Heat Days >95ยฐF
36 days

๐Ÿ’ฐ See how taxes change too โ€” compare take-home pay between Minnesota and North Carolina on TaxTakeHome.com

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