Raleigh is 4% 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
$1,964
$1,822
🛏️ 2-bedroom rent
$1,603
$1,658
💵 Families earn per year
$73,466
$92,099
🔑 Buying a house
$362,200
$415,800
📊 Overall prices (U.S. = 100)
101.8
98.2
🏛️ Property tax per year
$4,418
$3,048
⚡ Electric bill per month
$126
$133
👥 People living there
191,767
481,031
Commute to work
25 min
23 min
College degree
34.6%
54%
Own their home
41.4%
50.7%
Below poverty line
20.7%
11.9%
Unemployment
8.2%
4.4%
Bottom line
- Pick Providence 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 | Providence | Raleigh | Difference |
|---|---|---|---|
| Firefighter | $66,150 | $45,640 | -31% in Raleigh |
| Elementary School Teacher | $86,720 | $60,170 | -31% in Raleigh |
| Plumber | $79,820 | $60,540 | -24% in Raleigh |
| Electrician | $73,980 | $56,800 | -23% in Raleigh |
| Licensed Practical Nurse | $78,990 | $64,080 | -19% in Raleigh |
| Carpenter | $61,910 | $50,820 | -18% in Raleigh |
| Computer Systems Analyst | $128,580 | $108,480 | -16% in Raleigh |
| Registered Nurse | $99,880 | $84,830 | -15% in Raleigh |
Frequently asked questions
Is Providence or Raleigh cheaper to live in?
Raleigh is about 4% cheaper overall. Rent is $1,822 a month there versus $1,964 in Providence.
What salary do I need in Raleigh to match $60,000 in Providence?
About $57,868 a year gives the same standard of living in Raleigh.
Where do people earn more, Providence or Raleigh?
The typical household earns $73,466 in Providence and $92,099 in Raleigh, 20% more in Raleigh.