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Miami vs Raleigh: which is cheaper?

Raleigh is 14% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.

I need $51,591 in Raleigh to live the same way.

🏠 Rent per month
$2,538
$1,822
🛏️ 2-bedroom rent
$1,983
$1,658
💵 Families earn per year
$67,365
$92,099
🔑 Buying a house
$518,100
$415,800
📊 Overall prices (U.S. = 100)
114.2
98.2
🏛️ Property tax per year
$4,586
$3,048
⚡ Electric bill per month
$133
$133
👥 People living there
459,745
481,031
Commute to work
27.3 min
23 min
College degree
37.4%
54%
Own their home
30.8%
50.7%
Below poverty line
19.4%
11.9%
Unemployment
5.2%
4.4%

Bottom line

Pay for the same job

JobMiamiRaleighDifference
Firefighter$75,710$45,640-40% in Raleigh
Civil Engineer$83,750$101,440+21% in Raleigh
Dental Hygienist$82,780$98,800+19% in Raleigh
Lawyer$160,320$131,920-18% in Raleigh
Police Officer$79,840$65,860-18% in Raleigh
Operations Manager$105,640$114,940+9% in Raleigh
Registered Nurse$91,380$84,830-7% in Raleigh
Physician Assistant$132,360$124,300-6% in Raleigh

Frequently asked questions

Is Miami or Raleigh cheaper to live in?

Raleigh is about 14% cheaper overall. Rent is $1,822 a month there versus $2,538 in Miami.

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

About $51,591 a year gives the same standard of living in Raleigh.

Where do people earn more, Miami or Raleigh?

The typical household earns $67,365 in Miami and $92,099 in Raleigh, 27% more in Raleigh.

More comparisons

All Miami comparisons → · All Raleigh comparisons →

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