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Cost of living in Raleigh, NC

Livability score 64 · cost-of-living index 98.4 (US = 100)

Raleigh, NC
Photo: Abhiram Juvvadi via Commons · CC BY-SA 4.0

How Raleigh compares

Where Raleigh falls within the range of all 200 metros (marker = this city).

Cost-of-living index (US=100) 85 118 Cost-of-living index (US=100): 98 — range 85 to 118 across all metros 98 Median home price $149k $1610k Median home price: $438k — range $149k to $1610k across all metros $438k Price per sqft (more house = lower) $88 $1074 Price per sqft (more house = lower): $219 — range $88 to $1074 across all metros $219 Combined sales tax 0.0% 11.5% Combined sales tax: 7.0% — range 0.0% to 11.5% across all metros 7.0% Property tax rate 0.28% 2.76% Property tax rate: 0.75% — range 0.28% to 2.76% across all metros 0.75% Violent crime (per 100k, state avg) 110 1,000 Violent crime (per 100k, state avg): 400 — range 110 to 1,000 across all metros 400 Electricity (¢/kWh) 12.3 46.6 Electricity (¢/kWh): 16.3 — range 12.3 to 46.6 across all metros 16.3 Avg summer high (°F) 65° 104° Avg summer high (°F): 89° — range 65° to 104° across all metros 89° Avg winter low (°F) -2° 72° Avg winter low (°F): 30° — range -2° to 72° across all metros 30°

Map of Raleigh

Grocery stores, parks, golf courses and more — real listings. Toggle categories in the legend.

Map data © OpenStreetMap contributors · business listings via Google Maps

Cost of living

MetricValueScopeUS rank
Cost-of-living index (US=100)98.4metro-area#131 of 200
Grocery index (US=100)96.8metro-area#106 of 200
Big Mac price (est.)$5.60metro-area#130 of 200
Median household income$91,818metro-area#25 of 200
Median wage (all occupations)$49,056metro-area#14 of 200

Who lives here

MetricValueScopeUS rank
Median age37.5 yearsmetro-area#73 of 200
Bachelor's degree or higher (25+)50.2%metro-area#10 of 200
Foreign-born residents13.1%metro-area#52 of 200
Homes that are owner-occupied67.0%metro-area#93 of 200

Economy

MetricValueScopeUS rank
Unemployment rate4.19%metro-area#33 of 200
Population growth (5-yr)+11.5%metro-area#19 of 200

Housing — what your money buys

MetricValueScopeUS rank
Median home price$438,364metro-area#151 of 200
Home price ÷ income (affordability)4.8×metro-area#102 of 200
1-yr home appreciation-2.2%metro-area#179 of 200
Price per square foot$219metro-area#136 of 200
Typical home size (implied)2,000 sqft
Median rent (monthly)$1,694metro-area#115 of 200
Homes for sale (inventory)5,668
Median days on market16metro-area#90 of 200

Taxes

MetricValueScopeUS rank
Total tax burden (est. % of income)9.9%state#88 of 200
Combined sales tax6.98%state#55 of 200
State income tax (top rate)4.25%
Capital gains tax4.25%state#78 of 200
High earnersNo special surtax
Social Security in retirementNot taxed — does not tax Social Security benefits
Effective property tax rate0.75%metro-area#70 of 200
Median property tax paid$2,601metro-area#96 of 200

Health & childcare

MetricValueScopeUS rank
Life expectancy at birth80.0 yearsmetro-area#23 of 200
Healthcare (annual, single adult)$6,600state#65 of 200
Uninsured (share of residents)9.4%metro-area#117 of 200
Primary care providers per 100k73metro-area#111 of 200
Childcare (annual, infant, center)$10,000state#58 of 200

Vehicles & commute

MetricValueScopeUS rank
Annual registration$130state#107 of 200
Vehicle property tax (annual)1.10% of value (~$308/yr)state#146 of 200
Emissions testingRequired
Emissions detailRequired in major metro counties
DMV & license offices12
Avg commute to work27 minmetro-area#158 of 200
Commute by driving alone67.3%metro-area#25 of 200
Solo drivers commuting 30+ min40.8%metro-area#166 of 200

Utilities & fuel

MetricValueScopeUS rank
Electricity16.3¢/kWhstate#72 of 200
Avg monthly electric bill$146state#72 of 200
Gasoline$3.20/galstate#63 of 200
Natural gas (avg monthly bill)$62state#69 of 200
Water & sewer (avg monthly bill)$78state#36 of 200
Home internet (avg monthly bill)$80state#106 of 200

Insurance

MetricValueScopeUS rank
Home insurance (annual)$2,000state#110 of 200
Auto insurance (annual)$1,400state#18 of 200

Disaster risk & supplemental insurance

MetricValueScopeUS rank
Main natural hazardsNotable hazards: hurricanes, flooding — separate flood/quake/windstorm policies may be needed.
FEMA National Risk Index (0–100, higher = more risk)91.9 — Relatively Moderatemetro-area#119 of 200
Flood insurance (annual, NFIP)$800state#120 of 200
Earthquake insurance (annual)$100state#1 of 200

Climate & air quality

MetricValueScopeUS rank
Air quality (median AQI, lower=cleaner)47metro-area#107 of 200
Cooling degree-days (AC load)1,600metro-area#119 of 200
Homes with air conditioning (state)91%state#115 of 200
Heating degree-days (heat load)3,400metro-area#85 of 200
Days per year ≥ 90°F47metro-area#125 of 200
Days per year ≥ 100°F2metro-area#144 of 200
Avg summer high (state)89°Fmetro-area#113 of 200
Avg winter low30°Fmetro-area#89 of 200
Annual precipitation46.1"metro-area#137 of 200
Annual snowfall5.2"metro-area#89 of 200
Sunshine (% of possible)58%metro-area#105 of 200
Plant hardiness zone7b
Frost window04-01 → 11-10

Safety

MetricValueScopeUS rank
Violent crime (per 100k, state avg)400state#100 of 200
Property crime (per 100k, state avg)2,200state#98 of 200

Local amenities & recreation

MetricValueScopeUS rank
Grocery stores40metro-area#122 of 200
Parks45
Hiking areas18
Golf courses20
Shooting ranges7
Lakes3

Permits

MetricValueScopeUS rank
Building permit difficulty (1–5)3state#87 of 200
Permit detailModerate

US rank = this metro's position among all 200 metros (1 = best: cheapest / safest / highest income, etc.). Childcare is a family cost, not included in the salary-equivalence total.

Top employers in Raleigh

Major public and private employers in the Raleigh, NC area.

EmployerSectorJobs
Duke University Health System Healthcare Search →
University of North Carolina Education Search →
North Carolina State University Education Search →
First Citizens Bank Finance Careers →
Lenovo Tech Careers →
SAS Institute Tech Careers →

Salaries by occupation in Raleigh

Local median pay, BLS OEWS. All occupations →

OccupationMedian pay
Dentists $167,360
Marketing Managers $153,470
Lawyers $142,050
Financial Managers $139,220
Pharmacists $135,370
Software Developers $132,000
Human Resources Managers $130,480
Data Scientists $126,950
Physician Assistants $116,240
General & Operations Managers $110,530
Construction Managers $106,130
Mechanical Engineers $99,560
Physical Therapists $90,400
Civil Engineers $89,110
Registered Nurses $81,910
Web Developers $81,340
Dental Hygienists $80,530
Accountants & Auditors $80,270
Graphic Designers $61,800
Police & Sheriff's Patrol Officers $60,570
Elementary School Teachers $56,930
Plumbers, Pipefitters & Steamfitters $52,170
Electricians $51,180
Heavy & Tractor-Trailer Truck Drivers $49,510
Welders, Cutters & Solderers $49,370
Carpenters $48,880
Real Estate Sales Agents $44,650
Medical Assistants $40,570

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