Indianapolis is 3% 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
$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
- Pick Indianapolis for lower rent, cheaper 2-bedroom apartments, cheaper homes.
- Pick Raleigh for higher incomes, shorter commutes, a more educated workforce and 2 more.
Pay for the same job
| Job | Indianapolis | Raleigh | Difference |
|---|---|---|---|
| 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.