Cost of Living in Raleigh, NC

Key Statistics

See what your Raleigh salary is worth in another city:

Living in Raleigh, NC — 2026 Cost of Living Guide

Raleigh is above the national average in terms of cost, with an overall cost of living index of 102. This means living in Raleigh is approximately 2% more expensive than the national average.

Housing Costs in Raleigh

Housing costs are roughly in line with the national average. The housing index for Raleigh is 108, which means housing costs are 8% above the national average. This includes both rental prices and home purchase costs in the metropolitan area.

Income and Employment

The median household income in Raleigh is $69,720, with a population of approximately 474,069. The median household income is moderate, providing a reasonable standard of living relative to local costs.

Raleigh boasts a thriving job market with strong opportunities across multiple industries, including technology, finance, and healthcare.

Daily Living Expenses

Beyond housing, daily expenses in Raleigh are near the national average. Groceries and dining carry an index of 98, while transportation costs sit at 96. Healthcare expenses index at 98, and utilities come in at 92.

Taxes

Taxes in Raleigh are roughly average, with a tax index of 95.

Quality of Life

Raleigh enjoys generally pleasant weather, with seasonal variations that most residents find manageable.

Raleigh ranks as one of the safer major cities, with crime rates below the national average for metropolitan areas of its size.

Is Raleigh a Good Place to Live?

Raleigh provides a balanced combination of affordability and quality of life that appeals to a wide range of residents. With a thriving job market and good weather, Raleigh continues to attract new residents drawn by the favorable cost of living.

Related Financial Tools