Montgomery is 9% 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
$1,304
$1,822
🛏️ 2-bedroom rent
$1,085
$1,658
💵 Families earn per year
$61,271
$92,099
🔑 Buying a house
$161,900
$415,800
📊 Overall prices (U.S. = 100)
89.7
98.2
🏛️ Property tax per year
$643
$3,048
⚡ Electric bill per month
$185
$133
👥 People living there
197,494
481,031
Commute to work
20.7 min
23 min
College degree
33.8%
54%
Own their home
54.4%
50.7%
Below poverty line
21.5%
11.9%
Unemployment
6.4%
4.4%
Bottom line
- Pick Montgomery for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
- Pick Raleigh for higher incomes, a more educated workforce, less poverty and 1 more.
Pay for the same job
| Job | Montgomery | Raleigh | Difference |
|---|---|---|---|
| Dental Hygienist | $60,120 | $98,800 | +64% in Raleigh |
| Police Officer | $48,490 | $65,860 | +36% in Raleigh |
| Server (Waiter/Waitress) | $26,360 | $34,860 | +32% in Raleigh |
| Market Research Analyst | $61,240 | $78,980 | +29% in Raleigh |
| Medical Assistant | $35,810 | $46,160 | +29% in Raleigh |
| Nurse Practitioner | $105,050 | $128,150 | +22% in Raleigh |
| Physician Assistant | $102,040 | $124,300 | +22% in Raleigh |
| HVAC Technician | $48,680 | $58,900 | +21% in Raleigh |
Frequently asked questions
Is Montgomery or Raleigh cheaper to live in?
Montgomery is about 9% cheaper overall. Rent is $1,304 a month there versus $1,822 in Raleigh.
What salary do I need in Raleigh to match $60,000 in Montgomery?
About $65,670 a year gives the same standard of living in Raleigh.
Where do people earn more, Montgomery or Raleigh?
The typical household earns $61,271 in Montgomery and $92,099 in Raleigh, 33% more in Raleigh.