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Raleigh, NC vs New York, NY

Moving from Raleigh to New York? Here's what changes — from your equivalent salary to housing ($438,364 → $727,625 median home) and taxes.

Raleigh vs New York at a glance

Bars scaled to the range across all 200 metros; labels show actual values.

Raleigh, NC New York, NY Cost-of-living index Raleigh, NC — Cost-of-living index: 98 98 New York, NY — Cost-of-living index: 113 113 Median home price Raleigh, NC — Median home price: $438k $438k New York, NY — Median home price: $728k $728k Price per sqft Raleigh, NC — Price per sqft: $219 $219 New York, NY — Price per sqft: $455 $455 Median rent Raleigh, NC — Median rent: $1,694 $1,694 New York, NY — Median rent: $3,503 $3,503 Combined sales tax Raleigh, NC — Combined sales tax: 7.0% 7.0% New York, NY — Combined sales tax: 8.5% 8.5% Property tax rate Raleigh, NC — Property tax rate: 0.75% 0.75% New York, NY — Property tax rate: 1.74% 1.74% Violent crime /100k Raleigh, NC — Violent crime /100k: 400 400 New York, NY — Violent crime /100k: 350 350 Electricity ¢/kWh Raleigh, NC — Electricity ¢/kWh: 16.3 16.3 New York, NY — Electricity ¢/kWh: 29.4 29.4 Avg commute (min) Raleigh, NC — Avg commute (min): 27 27 New York, NY — Avg commute (min): 36 36 Avg summer high °F Raleigh, NC — Avg summer high °F: 89° 89° New York, NY — Avg summer high °F: 83° 83° Avg winter low °F Raleigh, NC — Avg winter low °F: 30° 30° New York, NY — Avg winter low °F: 16° 16°

To keep the same standard of living as $100,000 in Raleigh, NC, you'd need about $114,529 in New York, NY (+$14,529).

Livability — Raleigh, NC: 64 · New York, NY: 44 (0–100).

What your home budget buys

A $500,000 home budget gets you about 2,281 sqft in Raleigh vs 1,099 sqft in New York ($219 vs $455 per sqft).

Annual cost breakdown (at $100,000)

CategoryRaleigh, NCNew York, NYDifference
Housing $20,328 $42,036 +$21,708
Groceries $4,840 $5,415 +$575
Transportation $3,130 $3,895 +$765
Utilities $1,752 $3,180 +$1,428
Insurance $2,000 $1,600 −$400
Taxes $9,294 $23,496 +$14,202
Total $41,344 $79,622 +$38,278

Side by side

MetricRaleigh, NCNew York, NY
Cost-of-living index98.4112.6
Unemployment rate4.19%6.55%
Population growth (5-yr)11.5%-1.4%
Air quality (median AQI)4242
Big Mac price (est.)$5.60$6.41
Median home price$438,364$727,625
Home price ÷ income4.8×7.8×
1-yr home appreciation-2.2%4.1%
Price per square foot$219$455
Median rent$1,694$3,503
Total tax burden (% income)9.9%15.9%
Combined sales tax6.98%8.52%
Capital gains tax4.25%10.90%
Property tax rate0.75%1.74%
Healthcare (annual)$6,600$7,800
Childcare (annual, infant)$10,000$17,000
Vehicle property tax1.10%None
Avg commute (min)2736
Home insurance / yr$2,000$1,600
Auto insurance / yr$1,400$2,100
Flood insurance / yr$800$800
Earthquake insurance / yr$100$100
Electricity ¢/kWh16.329.4
Gas $/gal3.203.45
Natural gas / mo$62$98
Water & sewer / mo$78$87
Home internet / mo$80$76
Violent crime /100k400350
Avg summer high °F8983
Avg winter low °F3016
Annual precipitation (in)46.149.5
Annual snowfall (in)5.229.8
Sunshine (% possible)58%58%
Permit difficulty (1–5)35

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