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Charlotte Is A “Sweet Spot City”

Phil Harris April 19th, 2018
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What would be the ideal place to live? How about a city where you can make a high salary and enjoy a low cost of living? I call that a “sweet spot city,” and Charlotte is one of them.

Financial website GOBankingRates looked at the median monthly home rent, groceries, utilities, and transportation expenses in 270 U.S. cities. Then they subtracted those necessities from the average yearly income for each city to come up with this list of places where you get the most bang for your buck. And now we know why so many people have been moving to North Carolina!

1. Oklahoma City, OK

Average household income: $72,385
Total necessities: $18,701

2. Kansas City, MO

Average household income: $69,301
Total necessities: $19,756

3. Lexington, KY

Average household income: $77,827
Total necessities: $20,535

4. Phoenix, AZ

Average household income: $73,135
Total necessities: $21,412

5. Durham, NC

Average household income: $74,401
Total necessities: $21,625

Sara D. Davis/Getty Images

6. Omaha, NE

Average household income: $74,125
Total necessities: $21,779

7. Bakersfield, CA

Average household income: $76,673
Total necessities: $22,632

8. Tampa, FL

Average household income: $80,121
Total necessities: $23,035

9. Dallas, TX

Average household income: $76,726
Total necessities: $23,057

10. Charlotte, NC

Average household income: $86,922
Total necessities: $23,249

11. Houston, TX

Average household income: $77,312
Total necessities: $23,296

12. Raleigh, NC

Average household income: $92,275
Total necessities: $23,331

Streeter Lecka/Getty Images

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