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Cost of Living Comparison 2026

๐Ÿ“ Lorain, OH โ€” ZIP-level rent data ยท COL adjusted from Cleveland, OH area

$

Numbers update automatically as you type

You'd spend $1.7K/month more in Charlotte, NC

$150.0K in your current city equals $170.4K in Charlotte, NC

Rent data from HUD ZIP-level estimates ยท COL index from Cleveland-Elyria, OH area
Overall Cost
โ†‘ 22.7%
More expensive
Monthly Impact
$1,699
Extra cost
Annual Impact
$20.4K
Per year

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

Lorain, OH

Population:65K
Cost Index:100
Median Home:$131K

Charlotte, NC

Population:875K
Cost Index:123
Median Home:$399K

Lorain, OH

The Buckeye State

65K
Population
State Tax
Yes

Located in Ohio, this city has a population of 65K 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: Lorain, OH vs Charlotte, NC

๐Ÿ Housing
โ†‘ 71.0%
Lorain, OH
$1,444
Charlotte, NC
$2,469
Difference
$1,025
more
๐Ÿ“ฆOther
โ†‘ 13.7%
Lorain, OH
$1,501
Charlotte, NC
$1,707
Difference
$206
more
๐ŸฅHealthcare
โ†‘ 23.4%
Lorain, OH
$517
Charlotte, NC
$638
Difference
$121
more
๐Ÿš—Transportation
โ†“ 8.8%
Lorain, OH
$1,317
Charlotte, NC
$1,202
Difference
$115
less
โšกAll Utilities
โ†‘ 13.8%
Lorain, OH
$456
Charlotte, NC
$519
Difference
$62.98
more
๐Ÿ›’Groceries
โ†‘ 3.9%
Lorain, OH
$952
Charlotte, NC
$989
Difference
$37.39
more

๐Ÿ›๏ธ Local Income Taxes

Lorain, OH: Lorain Municipal Income Tax$3,750/yr (2.5%)

Charlotte, NC has no local income tax.

Local taxes are in addition to state income tax. Not all cities levy local income taxes.

๐Ÿ Rent Comparison

Studio
From$672
To$1,630
โ†‘ $958
1 Bed
From$771
To$1,710
โ†‘ $939
2 Bed
From$926
To$1,870
โ†‘ $944
3 Bed
From$1,189
To$2,300
โ†‘ $1,111
Lorain, OHZIP-level data

1BR range: $890โ€“$940/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.

$6,188
Monthly in Lorain, OH
$7,525
Monthly in Charlotte, NC
$1,337
Difference

Home Values

Lorain
Charlotte
$131K
Median Value
$399K
โ†‘ +2.7%
YoY Change
โ†“ -1.1%
โ†‘ +49.9%
5-Year Change
โ†‘ +40.8%
$119K - $229K
Price Range
$293K - $1.57M

Homes in Charlotte are 203% more expensive than Lorain

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
โ†“ $2.7K
More taxes
Monthly Difference
$225
Less take-home
Effective Rate Diff
1.8%
Rate difference

Lorain, OH

Federal Income Tax
Effective: 18.9%
$25.5K
Ohio State Tax
Effective: 3.0%
$4.4K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 27.6%
$41.4K
Take-Home Pay
$9,047/month
$108.6K

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

Lorain, OH Tax Rates

Sales Tax:7.2%
Property Tax:1.6%

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

Lorain
Charlotte
54 Moderate
Air Quality
51 Moderate
37.2%
Good Air Days
46.2%
98 High
Climate Risk
97 High
๐ŸŒŠ๐ŸŒก๐ŸŒช
Top Hazards
๐ŸŒŠ๐ŸŒช๐Ÿ’จ
โ–ฒ+3.3ยฐF
2050 Outlook
โ–ฒ+2.9ยฐF
11 days
Heat Days >95ยฐF
36 days
โ–ฒ+3.3ยฐF
2050 Outlook
โ–ฒ+2.9ยฐF
11 days
Heat Days >95ยฐF
36 days

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

Similar cost to Charlotte, NC

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