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Indianapolis vs Raleigh: which is cheaper?

Indianapolis is 3% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.

I need $61,543 in Raleigh to live the same way.

🏠 Rent per month
$1,465
$1,822
🛏️ 2-bedroom rent
$1,315
$1,658
💵 Families earn per year
$71,417
$92,099
🔑 Buying a house
$224,800
$415,800
📊 Overall prices (U.S. = 100)
95.7
98.2
🏛️ Property tax per year
$2,037
$3,048
⚡ Electric bill per month
$141
$133
👥 People living there
885,860
481,031
Commute to work
24.6 min
23 min
College degree
34.9%
54%
Own their home
56%
50.7%
Below poverty line
15.8%
11.9%
Unemployment
5.1%
4.4%

Bottom line

Pay for the same job

JobIndianapolisRaleighDifference
Firefighter$68,480$45,640-33% in Raleigh
Software Developer$106,870$132,770+24% in Raleigh
Carpenter$65,070$50,820-22% in Raleigh
Plumber$76,980$60,540-21% in Raleigh
Market Research Analyst$65,200$78,980+21% in Raleigh
Police Officer$83,110$65,860-21% in Raleigh
Server (Waiter/Waitress)$29,050$34,860+20% in Raleigh
Truck Driver$61,980$52,110-16% in Raleigh

Frequently asked questions

Is Indianapolis or Raleigh cheaper to live in?

Indianapolis is about 3% cheaper overall. Rent is $1,465 a month there versus $1,822 in Raleigh.

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

About $61,543 a year gives the same standard of living in Raleigh.

Where do people earn more, Indianapolis or Raleigh?

The typical household earns $71,417 in Indianapolis and $92,099 in Raleigh, 22% more in Raleigh.

More comparisons

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