salaryAbout 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
$1,723
$1,822
🛏️ 2-bedroom rent
$1,628
$1,658
💵 Families earn per year
$84,177
$92,099
🔑 Buying a house
$372,900
$415,800
📊 Overall prices (U.S. = 100)
97.3
98.2
🏛️ Property tax per year
$6,541
$3,048
⚡ Electric bill per month
$120
$133
👥 People living there
278,001
481,031
Commute to work
19.4 min
23 min
College degree
59.9%
54%
Own their home
46%
50.7%
Below poverty line
16.4%
11.9%
Unemployment
2.7%
4.4%
Bottom line
- Pick Madison for lower rent, cheaper 2-bedroom apartments, cheaper homes and 3 more.
- Pick Raleigh for higher incomes, less poverty.
Pay for the same job
| Job | Madison | Raleigh | Difference |
|---|---|---|---|
| Plumber | $85,160 | $60,540 | -29% in Raleigh |
| Electrician | $78,430 | $56,800 | -28% in Raleigh |
| Carpenter | $63,480 | $50,820 | -20% in Raleigh |
| Firefighter | $56,430 | $45,640 | -19% in Raleigh |
| Police Officer | $80,580 | $65,860 | -18% in Raleigh |
| Registered Nurse | $101,190 | $84,830 | -16% in Raleigh |
| Market Research Analyst | $67,990 | $78,980 | +16% in Raleigh |
| Pharmacist | $158,120 | $133,120 | -16% in Raleigh |
Frequently asked questions
Is Madison or Raleigh cheaper to live in?
Madison 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 Madison?
About $60,537 a year gives the same standard of living in Raleigh.
Where do people earn more, Madison or Raleigh?
The typical household earns $84,177 in Madison and $92,099 in Raleigh, 9% more in Raleigh.