Is Charlotte, NC cheaper than Franklin Town, MA?

Based on cost of living data, Charlotte, NC is 29.8% cheaper than Franklin Town, MA. This translates to saving $2237 per month.

What salary do I need in Charlotte, NC to live like I do in Franklin Town, MA?

If you earn $150,000 in Franklin Town, MA, you'd need approximately $123,150.608 in Charlotte, NC to maintain the same standard of living.

How does housing cost compare between Franklin Town, MA and Charlotte, NC?

Housing in Charlotte, NC is 44.0% cheaper than in Franklin Town, MA. For a two-bedroom apartment, rent is $1,870/month in Charlotte, NC compared to $2,445/month in Franklin Town, MA.

How much can I save per month by moving from Franklin Town, MA to Charlotte, NC?

Moving from Franklin Town, MA to Charlotte, NC could save you approximately $2237 per month, or $26849 per year, based on a $150,000 salary.

Franklin Town, MA vs Charlotte, NC: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

📍 Franklin Town, MA — COL adjusted from Boston, MA area + state data

Current salary in Franklin Town, MA

Numbers update automatically as you type

You'd save $2.2K/month moving to Charlotte, NC

$150.0K in your current city equals $123.2K in Charlotte, NC

Rent data from HUD ZIP-level estimates · COL index from Boston-Cambridge-Newton, MA-NH area

Overall Cost

↓ 29.8%

Less expensive

Monthly Impact

$2,237

Savings

Annual Impact

$26.8K

Per year

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

Franklin Town, MA

Population:33K

Cost Index:100

Median Home:$961K

Charlotte, NC

Population:875K

Cost Index:70

Median Home:$399K

Franklin Town, MA

The Bay State

33K

Population

State Tax

Yes

Located in Massachusetts, this city has a population of 33K residents.

Charlotte, NC

The Tar Heel State

875K

Population

State Tax

Yes

Climate

Humid subtropical

Notable Facts

•Major banking center
•NASCAR headquarters
•Queen City

Major Industries

FinanceTechnologyEnergyMotorsports

Cost Breakdown by Category

Annual spending: Franklin Town, MA vs Charlotte, NC

Category	Franklin Town, MA	Charlotte, NC	Difference	Change
🏠Housing	$4,405/mo	$2,469/mo	↓ $1,936less	44.0%
🚗Transportation	$1,698/mo	$1,202/mo	↓ $496less	29.2%
⚡All Utilities	$689/mo	$519/mo	↓ $170less	24.7%
🏥Healthcare	$716/mo	$638/mo	↓ $77.98less	10.9%
🛒Groceries	$1,040/mo	$989/mo	↓ $50.24less	4.8%
📦Other	$1,693/mo	$1,707/mo	↑ $14.58more	0.9%

🏠Housing

↓ 44.0%

Franklin Town, MA

$4,405

Charlotte, NC

$2,469

Difference

$1,936

less

🚗Transportation

↓ 29.2%

Franklin Town, MA

$1,698

Charlotte, NC

$1,202

Difference

$496

less

⚡All Utilities

↓ 24.7%

Franklin Town, MA

$689

Charlotte, NC

$519

Difference

$170

less

🏥Healthcare

↓ 10.9%

Franklin Town, MA

$716

Charlotte, NC

$638

Difference

$77.98

less

🛒Groceries

↓ 4.8%

Franklin Town, MA

$1,040

Charlotte, NC

$989

Difference

$50.24

less

📦Other

↑ 0.9%

Franklin Town, MA

$1,693

Charlotte, NC

$1,707

Difference

$14.58

🏠Rent Comparison

Studio

From$1,696

To$1,630

↓ $66.00

1 Bed

From$1,972

To$1,710

↓ $262

2 Bed

From$2,445

To$1,870

↓ $575

3 Bed

From$3,154

To$2,300

↓ $854

Charlotte, NCZIP-level data

1BR range: $1,340–$2,310/mo

💡 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.

$10,241

Monthly in Franklin Town, MA

$7,525

Monthly in Charlotte, NC

$2,716

Difference

Home Values

Franklin Town

Charlotte

Median Value

$399K

YoY Change

↓ -1.1%

5-Year Change

↑ +40.8%

Price Range

$293K - $1.57M

Calculate payment - Charlotte

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↑ $375

Per year

Monthly Difference

$31.25

More take-home

Effective Rate Diff

0.3%

Rate difference

Franklin Town, MA

Federal Income Tax

Effective: 18.9%

$25.5K

Massachusetts State Tax

Effective: 5.0%

$7.5K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 29.7%

$44.5K

Take-Home Pay

$8,791/month

$105.5K

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

Franklin Town, MA Tax Rates

Sales Tax:6.3%

Property Tax:1.2%

Charlotte, NC Tax Rates

Sales Tax:7.1%

Property Tax:0.8%

💡 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.