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Baltimore vs Raleigh: which is cheaper?

Raleigh is 6% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.

I need $56,365 in Raleigh to live the same way.

🏠 Rent per month
$1,619
$1,822
🛏️ 2-bedroom rent
$1,479
$1,658
💵 Families earn per year
$67,058
$92,099
🔑 Buying a house
$229,600
$415,800
📊 Overall prices (U.S. = 100)
104.5
98.2
🏛️ Property tax per year
$3,354
$3,048
⚡ Electric bill per month
$157
$133
👥 People living there
573,243
481,031
Commute to work
29.1 min
23 min
College degree
36.1%
54%
Own their home
47.5%
50.7%
Below poverty line
19.7%
11.9%
Unemployment
6.5%
4.4%

Bottom line

Pay for the same job

JobBaltimoreRaleighDifference
Firefighter$73,810$45,640-38% in Raleigh
Elementary School Teacher$76,400$60,170-21% in Raleigh
Carpenter$62,380$50,820-19% in Raleigh
Dental Hygienist$116,130$98,800-15% in Raleigh
Registered Nurse$99,550$84,830-15% in Raleigh
Licensed Practical Nurse$74,860$64,080-14% in Raleigh
Police Officer$76,530$65,860-14% in Raleigh
Electrician$65,590$56,800-13% in Raleigh

Frequently asked questions

Is Baltimore or Raleigh cheaper to live in?

Raleigh is about 6% cheaper overall. Rent is $1,822 a month there versus $1,619 in Baltimore.

What salary do I need in Raleigh to match $60,000 in Baltimore?

About $56,365 a year gives the same standard of living in Raleigh.

Where do people earn more, Baltimore or Raleigh?

The typical household earns $67,058 in Baltimore and $92,099 in Raleigh, 27% more in Raleigh.

More comparisons

All Baltimore comparisons → · All Raleigh comparisons →

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