About the sameBased 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
$1,881
$1,822
🛏️ 2-bedroom rent
$1,690
$1,658
💵 Families earn per year
$88,510
$92,099
🔑 Buying a house
$385,700
$415,800
📊 Overall prices (U.S. = 100)
97.3
98.2
🏛️ Property tax per year
$2,808
$3,048
⚡ Electric bill per month
$126
$133
👥 People living there
903,844
481,031
Commute to work
24.7 min
23 min
College degree
48%
54%
Own their home
51%
50.7%
Below poverty line
11.7%
11.9%
Unemployment
4.6%
4.4%
Bottom line
- Pick Charlotte for cheaper homes, less poverty.
- Pick Raleigh for lower rent, cheaper 2-bedroom apartments, higher incomes and 3 more.
Pay for the same job
| Job | Charlotte | Raleigh | Difference |
|---|---|---|---|
| Firefighter | $38,700 | $45,640 | +18% in Raleigh |
| Lawyer | $157,180 | $131,920 | -16% in Raleigh |
| Accountant | $92,910 | $81,950 | -12% in Raleigh |
| Pharmacist | $150,580 | $133,120 | -12% in Raleigh |
| Truck Driver | $56,120 | $52,110 | -7% in Raleigh |
| Customer Service Representative | $44,980 | $41,900 | -7% in Raleigh |
| Physician Assistant | $133,140 | $124,300 | -7% in Raleigh |
| Registered Nurse | $90,620 | $84,830 | -6% in Raleigh |
Frequently asked questions
Is Charlotte or Raleigh cheaper to live in?
Charlotte and Raleigh cost about the same once rent and everyday costs are combined.
What salary do I need in Raleigh to match $60,000 in Charlotte?
About $60,499 a year gives the same standard of living in Raleigh.
Where do people earn more, Charlotte or Raleigh?
The typical household earns $88,510 in Charlotte and $92,099 in Raleigh, 4% more in Raleigh.