Side-by-side cost of living comparison for 2026
Median Income: $69,720
Population: 474,069
Median Income: $74,694
Population: 8,336,817
When comparing Raleigh and New York City, the overall cost of living differs by 83.3%. New York City carries a cost index of 187 compared to Raleigh's 102, meaning your dollar stretches 45% further in Raleigh.
Housing is where the most significant gap appears between these two cities. Raleigh has a housing index of 108 compared to New York City's 238. This 130-point difference translates to substantial monthly savings on rent or mortgage payments in Raleigh.
Raleigh is more affordable for: Housing, Food & Groceries, Transportation, Healthcare, Utilities, Entertainment, Taxes.
If you earn $60,000 in Raleigh, you would need $110,000 in New York City to maintain the same standard of living. For a $100,000 salary, the equivalent would be $183,333.
The median household income in Raleigh is $69,720 compared to $74,694 in New York City. New York City has higher incomes, though the higher cost of living may offset this advantage.
Safety: Raleigh scores 7/10 while New York City scores 5/10 in our safety assessment.
Weather: Raleigh has an edge in climate with a 7/10 weather score compared to New York City's 5/10.
Job Market: New York City has the stronger job market (9/10) compared to Raleigh (8/10).
Raleigh is the more affordable option overall, but cost is just one factor in deciding where to live. Consider your career opportunities, family needs, and lifestyle preferences alongside the financial comparison. New York City may justify its higher costs with a thriving job market that many residents find worthwhile.
