Raleigh is 14% 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
$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
- Pick Raleigh for lower rent, cheaper 2-bedroom apartments, higher incomes and 5 more.
Pay for the same job
| Job | Miami | Raleigh | Difference |
|---|---|---|---|
| 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.