Is $72k a year in Charlotte good?
I saw a similar post about Chicago and I wanted to get your thoughts on making $72k in Charlotte. This would be my first job out of college, full-time. What do you think?
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I saw a similar post about Chicago and I wanted to get your thoughts on making $72k in Charlotte. This would be my first job out of college, full-time. What do you think?
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Is $72k a year in Charlotte good for a first job out of college?
According to the cost of living calculator provided by NerdWallet, the cost of living in Charlotte, North Carolina is slightly lower than the national average. With a yearly salary of $72,000, you should be able to live comfortably in Charlotte, especially as a first job out of college.
Cost of Living in Charlotte:
Housing: The average rent for a one-bedroom apartment in Charlotte is around $1,200 per month. With a salary of $72,000 per year, you should be able to afford a decent apartment in a good neighborhood.
Transportation: The cost of transportation in Charlotte is also reasonable. If you own a car, you can expect to pay around $2.50 per gallon for gas, which is slightly below the national average.
Food: The cost of groceries and dining out in Charlotte is also affordable compared to other major cities. You should be able to enjoy a variety of restaurants and cuisines without breaking the bank.
Overall Verdict:
In conclusion, $72,000 a year is a good salary for a first job out of college in Charlotte. It should allow you to live comfortably, pay for rent, utilities, transportation, food, and still have some money left over for savings and other expenses. However, it’s always a good idea to budget wisely and save money for unexpected expenses or future financial goals. Enjoy your time in Charlotte and congratulations on your first job after college!