salaryRaleigh is 13% 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
$2,806
$1,822
🛏️ 2-bedroom rent
$2,016
$1,658
💵 Families earn per year
$86,801
$92,099
🔑 Buying a house
$777,600
$415,800
📊 Overall prices (U.S. = 100)
112.6
98.2
🏛️ Property tax per year
$6,547
$3,048
⚡ Electric bill per month
$132
$133
👥 People living there
8,483,844
481,031
Commute to work
40.3 min
23 min
College degree
41.6%
54%
Own their home
32.8%
50.7%
Below poverty line
17.9%
11.9%
Unemployment
8%
4.4%
Bottom line
- Pick Raleigh for lower rent, cheaper 2-bedroom apartments, higher incomes and 5 more.
Pay for the same job
| Job | New York | Raleigh | Difference |
|---|---|---|---|
| Firefighter | $106,420 | $45,640 | -57% in Raleigh |
| Elementary School Teacher | $96,900 | $60,170 | -38% in Raleigh |
| Police Officer | $105,540 | $65,860 | -38% in Raleigh |
| Lawyer | $208,880 | $131,920 | -37% in Raleigh |
| Carpenter | $74,300 | $50,820 | -32% in Raleigh |
| Registered Nurse | $119,720 | $84,830 | -29% in Raleigh |
| Electrician | $79,020 | $56,800 | -28% in Raleigh |
| Operations Manager | $157,000 | $114,940 | -27% in Raleigh |
Frequently asked questions
Is New York or Raleigh cheaper to live in?
Raleigh is about 13% cheaper overall. Rent is $1,822 a month there versus $2,806 in New York.
What salary do I need in Raleigh to match $60,000 in New York?
About $52,321 a year gives the same standard of living in Raleigh.
Where do people earn more, New York or Raleigh?
The typical household earns $86,801 in New York and $92,099 in Raleigh, 6% more in Raleigh.