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Chicago vs Raleigh: which is cheaper?

Raleigh is 5% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.

I need $56,850 in Raleigh to live the same way.

🏠 Rent per month
$1,983
$1,822
🛏️ 2-bedroom rent
$1,622
$1,658
💵 Families earn per year
$84,017
$92,099
🔑 Buying a house
$334,100
$415,800
📊 Overall prices (U.S. = 100)
103.6
98.2
🏛️ Property tax per year
$4,943
$3,048
⚡ Electric bill per month
$90
$133
👥 People living there
2,711,226
481,031
Commute to work
33.1 min
23 min
College degree
44.3%
54%
Own their home
46%
50.7%
Below poverty line
16.8%
11.9%
Unemployment
8%
4.4%

Bottom line

Pay for the same job

JobChicagoRaleighDifference
Firefighter$82,820$45,640-45% in Raleigh
Electrician$102,350$56,800-45% in Raleigh
Plumber$103,380$60,540-41% in Raleigh
Police Officer$107,810$65,860-39% in Raleigh
Carpenter$80,440$50,820-37% in Raleigh
HVAC Technician$77,960$58,900-24% in Raleigh
Elementary School Teacher$78,390$60,170-23% in Raleigh
Lawyer$165,660$131,920-20% in Raleigh

Frequently asked questions

Is Chicago or Raleigh cheaper to live in?

Raleigh is about 5% cheaper overall. Rent is $1,822 a month there versus $1,983 in Chicago.

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

About $56,850 a year gives the same standard of living in Raleigh.

Where do people earn more, Chicago or Raleigh?

The typical household earns $84,017 in Chicago and $92,099 in Raleigh, 9% more in Raleigh.

More comparisons

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