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

Who lives here

MetricValueScopeUS rank
Median age 37.5 years metro-area #73 of 200
Bachelor's degree or higher (25+) 50.2% metro-area #10 of 200
Foreign-born residents 13.1% metro-area #52 of 200
Homes that are owner-occupied 67.0% metro-area #93 of 200

Economy

MetricValueScopeUS rank
Unemployment rate 4.19% 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 $438,364 metro-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 $219 metro-area #136 of 200
Typical home size (implied) 2,000 sqft
Median rent (monthly) $1,694 metro-area #115 of 200
Homes for sale (inventory) 5,668
Median days on market 16 metro-area #90 of 200

Taxes

MetricValueScopeUS rank
Total tax burden (est. % of income) 9.9% state #88 of 200
Combined sales tax 6.98% state #55 of 200
State income tax (top rate) 4.25%
Capital gains tax 4.25% state #78 of 200
High earners No special surtax
Social Security in retirement Not taxed — does not tax Social Security benefits
Effective property tax rate 0.75% metro-area #70 of 200
Median property tax paid $2,601 metro-area #96 of 200

Health & childcare

MetricValueScopeUS rank
Life expectancy at birth 80.0 years metro-area #23 of 200
Healthcare (annual, single adult) $6,600 state #65 of 200
Uninsured (share of residents) 9.4% metro-area #117 of 200
Primary care providers per 100k 73 metro-area #111 of 200
Childcare (annual, infant, center) $10,000 state #58 of 200

Vehicles & commute

MetricValueScopeUS rank
Annual registration $130 state #107 of 200
Vehicle property tax (annual) 1.10% of value (~$308/yr) state #146 of 200
Emissions testing Required
Emissions detail Required in major metro counties
DMV & license offices 12
Avg commute to work 27 min metro-area #158 of 200
Commute by driving alone 67.3% metro-area #25 of 200
Solo drivers commuting 30+ min 40.8% metro-area #166 of 200

Utilities & fuel

MetricValueScopeUS rank
Electricity 16.3¢/kWh state #72 of 200
Avg monthly electric bill $146 state #72 of 200
Gasoline $3.20/gal state #63 of 200
Natural gas (avg monthly bill) $62 state #69 of 200
Water & sewer (avg monthly bill) $78 state #36 of 200
Home internet (avg monthly bill) $80 state #106 of 200

Insurance

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

Disaster risk & supplemental insurance

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

Climate & air quality

MetricValueScopeUS rank
Air quality (median AQI, lower=cleaner) 47 metro-area #107 of 200
Cooling degree-days (AC load) 1,600 metro-area #119 of 200
Homes with air conditioning (state) 91% state #115 of 200
Heating degree-days (heat load) 3,400 metro-area #85 of 200
Days per year ≥ 90°F 47 metro-area #125 of 200
Days per year ≥ 100°F 2 metro-area #144 of 200
Avg summer high (state) 89°F metro-area #113 of 200
Avg winter low 30°F metro-area #89 of 200
Annual precipitation 46.1" metro-area #137 of 200
Annual snowfall 5.2" metro-area #89 of 200
Sunshine (% of possible) 58% metro-area #105 of 200
Plant hardiness zone 7b
Frost window 04-01 → 11-10

Safety

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

Local amenities & recreation

MetricValueScopeUS rank
Grocery stores 40 metro-area #122 of 200
Parks 45
Hiking areas 18
Golf courses 20
Shooting ranges 7
Lakes 3

Permits

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

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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