salaryRaleigh is 7% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Raleigh to live the same way.
🏠 Rent per month
$1,651
$1,822
🛏️ 2-bedroom rent
$1,565
$1,658
💵 Families earn per year
$111,392
$92,099
🔑 Buying a house
$395,900
$415,800
📊 Overall prices (U.S. = 100)
105.4
98.2
🏛️ Property tax per year
$4,982
$3,048
⚡ Electric bill per month
$136
$133
👥 People living there
288,976
481,031
Commute to work
18.8 min
23 min
College degree
38.7%
54%
Own their home
63.9%
50.7%
Below poverty line
8.9%
11.9%
Unemployment
4.6%
4.4%
Bottom line
- Pick Anchorage for lower rent, cheaper 2-bedroom apartments, higher incomes and 3 more.
- Pick Raleigh for a more educated workforce, lower unemployment.
Pay for the same job
| Job | Anchorage | Raleigh | Difference |
|---|---|---|---|
| Police Officer | $115,020 | $65,860 | -43% in Raleigh |
| Plumber | $93,600 | $60,540 | -35% in Raleigh |
| Server (Waiter/Waitress) | $26,080 | $34,860 | +34% in Raleigh |
| HVAC Technician | $85,620 | $58,900 | -31% in Raleigh |
| Electrician | $82,440 | $56,800 | -31% in Raleigh |
| Carpenter | $72,800 | $50,820 | -30% in Raleigh |
| Firefighter | $64,810 | $45,640 | -30% in Raleigh |
| Software Developer | $104,030 | $132,770 | +28% in Raleigh |
Frequently asked questions
Is Anchorage or Raleigh cheaper to live in?
Raleigh is about 7% cheaper overall. Rent is $1,822 a month there versus $1,651 in Anchorage.
What salary do I need in Raleigh to match $60,000 in Anchorage?
About $55,866 a year gives the same standard of living in Raleigh.
Where do people earn more, Anchorage or Raleigh?
The typical household earns $111,392 in Anchorage and $92,099 in Raleigh, 21% more in Anchorage.