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Newark vs Raleigh: which is cheaper?

Raleigh is 13% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.

I need $52,321 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

Pay for the same job

JobNewarkRaleighDifference
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.

More comparisons

All Newark comparisons → · All Raleigh comparisons →

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