Charlotte, IA vs Lone Tree, IA

There is a significant gap in the cost of living between these two cities. Charlotte is 18.5% cheaper than Lone Tree. With a cost index of 61 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Charlotte to Lone Tree should plan for substantially higher expenses across most categories.

On the housing front, median rent in Charlotte is $704/month compared to $947/month in Lone Tree — a 26% difference. Home values follow the same pattern: Charlotte is more affordable at $95,500 median vs $170,700.

Median household income in Charlotte is $69,792 compared to $80,294 in Lone Tree (-13.1%). The higher salaries in Lone Tree partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Charlotte spend roughly 12.1% of their income on rent, less than the 14.2% in Lone Tree.