Wednesday, September 21, 2011

Moving to Charlotte

Today we look at moving to Charlotte in USA from Belfast in United Kingdom. We highlight cost of living and other major differences likely to be experienced in our series of short blogs on moving between different international locations.
In Charlotte and Belfast people speak English.
Charlotte is the largest city in the state of North Carolina and the seat of Mecklenburg County. Belfast is the capital of and the largest city in Northern Ireland. Charlotte has become a major U.S. financial center and is now the second largest banking center in the United States (after New York). The nation's largest financial institution by assets, Bank of America, calls the city home. The center city/uptown area of Charlotte has seen remarkable growth over the last decade. Numerous residential units continue to be built uptown, including over 20 skyscrapers either under construction, recently completed, or in the planning stage. Belfast is Northern Ireland's educational and commercial hub. It is currently in the top five fastest growing regional economies in the UK.
The overall cost of living rank in Charlotte is 229 out of 300 global locations, which equates it with low cost of living locations.  An expatriate moving from Belfast to Charlotte will experience a change in cost of living of -25.8%.
In terms of the hardship people are likely to experience, assessed in global terms, Charlotte is ranked as a minimal hardship location with a hardship index of 10% the same as Belfast.
Source: as at July 2011.

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