Charlotte, North Carolina, continues to attract newcomers with its affordable living, robust job market, and exciting culture (think sports, BBQ, and breweries). In 2023, the Queen City ranked fifth among U.S. cities for numeric growth, with about 84 people moving there daily. So, why do people move to North Carolina, specifically Charlotte? Let’s explore five compelling reasons below!
5 Reasons Why People Are Moving to Charlotte, North Carolina
1. Affordable Housing Options
As of April 2025, Charlotte’s median home price is $425,024, reflecting a 3.3% increase from the previous year. This is significantly lower than median prices in cities like Boston or San Francisco, making homeownership more attainable.
Rental prices are also competitive. For instance, a studio apartment averages around $1,125 per month. Neighborhoods like South End and Plaza Midwood are popular among young professionals for their walkability and amenities. Areas like Ballantyne and Dilworth appeal to families seeking space and quality schools.
2. Lower Cost of Living
Charlotte’s cost of living is approximately 2% below the national average. Housing costs are about 2% lower, and healthcare expenses are 5.7% below the national average. However, food costs are slightly higher, at 11.1% above the national average. Despite this, overall expenses remain manageable, especially when compared to cities like New York or San Francisco.
Utilities in Charlotte are also reasonably priced, with energy costs averaging 11.07¢ per kWh. This affordability allows residents to allocate more income toward savings, investments, or enjoying the city’s offerings.
3. Diverse Job Opportunities
Charlotte boasts a robust job market, with significant employment in finance, healthcare, and technology sectors. The city is home to major banks like Bank of America and Wells Fargo. Companies like Cisco, Honeywell, and Cash App have also established a presence, contributing to the tech industry’s growth.
Recent developments include HSP US investing $50 million in a new manufacturing plant, expected to create numerous jobs. Furthermore, SG Benefit Providers plans to add over 300 jobs to the region. These expansions underscore Charlotte’s appeal to professionals across various industries.
4. Green Spaces and Clean Living
Charlotte is committed to maintaining its green spaces, with over 230 parks spanning 12,000 acres in Mecklenburg County. Freedom Park and Romare Bearden Park are among the city’s most popular, offering residents ample opportunities for outdoor activities.
The city also ranks among the top 50 U.S. cities for urban green space access, with 75% of residents living within a 10-minute walk of a park. This emphasis on green living contributes to residents’ overall well-being and quality of life
5. Vibrant Food and Craft Beer Scene
Charlotte’s culinary landscape is diverse and continually evolving. The city has gained recognition from the Michelin Guide, highlighting its growing culinary excellence. New restaurant openings, like Tommy Bahama’s Marlin Bar, add to the city’s dynamic food scene.
The craft beer industry is also thriving, with local breweries like NoDa Brewing Company and Wooden Robot Brewery offering unique brews and lively atmospheres. These establishments have become popular spots for locals and visitors to unwind and socialize.
Planning Your Move to Charlotte?
Still asking yourself, “Why is everyone moving to North Carolina?” Take a closer look at Charlotte, where opportunity, affordability, and livability come together.
Considering a move to Charlotte? Whether you’re relocating locally or from out of state, Gentle Giant is here to help. Utilize our free moving estimate tool, consult our moving checklist, or visit our locations page to start planning your move to the Queen City.