Raleigh 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
$1,867
$1,822
🛏️ 2-bedroom rent
$1,573
$1,658
💵 Families earn per year
$56,147
$92,099
🔑 Buying a house
$373,700
$415,800
📊 Overall prices (U.S. = 100)
112.6
98.2
🏛️ Property tax per year
$7,262
$3,048
⚡ Electric bill per month
$143
$133
👥 People living there
310,178
481,031
Commute to work
32.6 min
23 min
College degree
19.7%
54%
Own their home
24.4%
50.7%
Below poverty line
23.4%
11.9%
Unemployment
11.6%
4.4%
Bottom line
- Pick Newark for cheaper 2-bedroom apartments, cheaper homes.
- Pick Raleigh for lower rent, higher incomes, shorter commutes and 3 more.
Pay for the same job
| Job | Newark | 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 Newark or Raleigh cheaper to live in?
Raleigh is about 13% cheaper overall. Rent is $1,822 a month there versus $1,867 in Newark.
What salary do I need in Raleigh to match $60,000 in Newark?
About $52,321 a year gives the same standard of living in Raleigh.
Where do people earn more, Newark or Raleigh?
The typical household earns $56,147 in Newark and $92,099 in Raleigh, 39% more in Raleigh.