salaryRaleigh is 3% 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
$2,185
$1,822
🛏️ 2-bedroom rent
$1,814
$1,658
💵 Families earn per year
$103,336
$92,099
🔑 Buying a house
$463,600
$415,800
📊 Overall prices (U.S. = 100)
100.7
98.2
🏛️ Property tax per year
$2,160
$3,048
⚡ Electric bill per month
$204
$133
👥 People living there
196,906
481,031
Commute to work
28.2 min
23 min
College degree
36.3%
54%
Own their home
76%
50.7%
Below poverty line
8.4%
11.9%
Unemployment
4%
4.4%
Bottom line
- Pick Peoria for higher incomes, less poverty, lower unemployment.
- Pick Raleigh for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
Frequently asked questions
Is Peoria or Raleigh cheaper to live in?
Raleigh is about 3% cheaper overall. Rent is $1,822 a month there versus $2,185 in Peoria.
What salary do I need in Raleigh to match $60,000 in Peoria?
About $58,498 a year gives the same standard of living in Raleigh.
Where do people earn more, Peoria or Raleigh?
The typical household earns $103,336 in Peoria and $92,099 in Raleigh, 12% more in Peoria.