salaryRaleigh is 4% 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
$2,339
$1,822
🛏️ 2-bedroom rent
$1,738
$1,658
💵 Families earn per year
$84,235
$92,099
🔑 Buying a house
$373,500
$415,800
📊 Overall prices (U.S. = 100)
102.3
98.2
🏛️ Property tax per year
$3,176
$3,048
⚡ Electric bill per month
$196
$133
👥 People living there
215,536
481,031
Commute to work
29.9 min
23 min
College degree
26.9%
54%
Own their home
77.2%
50.7%
Below poverty line
10.7%
11.9%
Unemployment
3.8%
4.4%
Bottom line
- Pick Cape Coral for cheaper homes, less poverty, lower unemployment.
- Pick Raleigh for lower rent, cheaper 2-bedroom apartments, higher incomes and 2 more.
Pay for the same job
| Job | Cape Coral | Raleigh | Difference |
|---|---|---|---|
| Firefighter | $60,000 | $45,640 | -24% in Raleigh |
| Operations Manager | $94,730 | $114,940 | +21% in Raleigh |
| Market Research Analyst | $65,180 | $78,980 | +21% in Raleigh |
| Civil Engineer | $84,990 | $101,440 | +19% in Raleigh |
| Plumber | $51,690 | $60,540 | +17% in Raleigh |
| Police Officer | $76,710 | $65,860 | -14% in Raleigh |
| Computer Systems Analyst | $97,310 | $108,480 | +11% in Raleigh |
| Customer Service Representative | $38,180 | $41,900 | +10% in Raleigh |
Frequently asked questions
Is Cape Coral or Raleigh cheaper to live in?
Raleigh is about 4% cheaper overall. Rent is $1,822 a month there versus $2,339 in Cape Coral.
What salary do I need in Raleigh to match $60,000 in Cape Coral?
About $57,543 a year gives the same standard of living in Raleigh.
Where do people earn more, Cape Coral or Raleigh?
The typical household earns $84,235 in Cape Coral and $92,099 in Raleigh, 9% more in Raleigh.