Is Charlotte, NC cheaper than Gloucester, MA?

Based on cost of living data, Charlotte, NC is 29.8% cheaper than Gloucester, MA. This translates to saving $2235 per month.

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

If you earn $150,000 in Gloucester, MA, you'd need approximately $123,177.206 in Charlotte, NC to maintain the same standard of living.

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

Housing in Charlotte, NC is 43.9% cheaper than in Gloucester, MA. For a two-bedroom apartment, rent is $1,870/month in Charlotte, NC compared to $2,018/month in Gloucester, MA.

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

Moving from Gloucester, MA to Charlotte, NC could save you approximately $2235 per month, or $26823 per year, based on a $150,000 salary.

Gloucester, MA vs Charlotte, NC: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

📍 Gloucester, MA — ZIP-level rent data · COL adjusted from Boston, MA area

Current salary in Gloucester, 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

$2,235

Savings

Annual Impact

$26.8K

Per year

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

Gloucester, MA

Population:30K

Cost Index:100

Median Home:$735K

Charlotte, NC

Population:875K

Cost Index:70

Median Home:$399K

Gloucester, MA

The Bay State

30K

Population

State Tax

Yes

Located in Massachusetts, this city has a population of 30K 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: Gloucester, MA vs Charlotte, NC

Category	Gloucester, MA	Charlotte, NC	Difference	Change
🏠Housing	$4,403/mo	$2,469/mo	↓ $1,934less	43.9%
🚗Transportation	$1,698/mo	$1,202/mo	↓ $495less	29.2%
⚡All Utilities	$689/mo	$519/mo	↓ $170less	24.7%
🏥Healthcare	$716/mo	$638/mo	↓ $77.83less	10.9%
🛒Groceries	$1,039/mo	$989/mo	↓ $50.02less	4.8%
📦Other	$1,692/mo	$1,707/mo	↑ $15.29more	0.9%

🏠Housing

↓ 43.9%

Gloucester, MA

$4,403

Charlotte, NC

$2,469

Difference

$1,934

less

🚗Transportation

↓ 29.2%

Gloucester, MA

$1,698

Charlotte, NC

$1,202

Difference

$495

less

⚡All Utilities

↓ 24.7%

Gloucester, MA

$689

Charlotte, NC

$519

Difference

$170

less

🏥Healthcare

↓ 10.9%

Gloucester, MA

$716

Charlotte, NC

$638

Difference

$77.83

less

🛒Groceries

↓ 4.8%

Gloucester, MA

$1,039

Charlotte, NC

$989

Difference

$50.02

less

📦Other

↑ 0.9%

Gloucester, MA

$1,692

Charlotte, NC

$1,707

Difference

$15.29

🏠Rent Comparison

Studio

From$1,608

To$1,630

↑ $22.00

1 Bed

From$1,703

To$1,710

↑ $7.00

2 Bed

From$2,018

To$1,870

↓ $148

3 Bed

From$2,428

To$2,300

↓ $128

Gloucester, MAZIP-level data

1BR range: $2,160–$2,160/mo

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.

$10,238

Monthly in Gloucester, MA

$7,525

Monthly in Charlotte, NC

$2,713

Difference

Home Values

Gloucester

Charlotte

$735K

Median Value

$399K

↑ +3%

YoY Change

↓ -1.1%

↑ +42.7%

5-Year Change

↑ +40.8%

$735K

Price Range

$293K - $1.57M

Homes in Charlotte are 46% less expensive than Gloucester

Calculate payment - Gloucester 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

Gloucester, 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

Gloucester, 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.