Side-by-side cost of living comparison for 2026
Median Income: $69,720
Population: 474,069
Median Income: $60,931
Population: 1,608,139
When comparing Raleigh and Phoenix, the overall cost of living is remarkably similar. Raleigh carries a cost index of 102 compared to Phoenix's 100, meaning your dollar stretches 2% further in Phoenix.
Housing is where the most significant gap appears between these two cities. Phoenix has a housing index of 102 compared to Raleigh's 108. This 6-point difference translates to substantial monthly savings on rent or mortgage payments in Phoenix.
Raleigh is more affordable for: Food & Groceries, Transportation, Utilities.
Phoenix is more affordable for: Housing, Healthcare, Taxes.
If you earn $60,000 in Raleigh, you would need $58,824 in Phoenix to maintain the same standard of living. For a $100,000 salary, the equivalent would be $98,039.
The median household income in Raleigh is $69,720 compared to $60,931 in Phoenix. While Raleigh has higher incomes, the higher cost of living may offset this advantage.
Safety: Raleigh scores 7/10 while Phoenix scores 6/10 in our safety assessment.
Weather: Both cities score similarly for weather at 7/10.
Job Market: Raleigh's job market (8/10) is stronger than Phoenix's (7/10).
Phoenix 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. Raleigh may justify its higher costs with a thriving job market that many residents find worthwhile.
