Raleigh, NC Cost Of Living

The latest cost of living statistics for Raleigh. Includes statistics on rent, mortgages, healthcare, and other costs for Raleigh compared to the state and national averages.

Cost of living in Raleigh, North Carolina

Cost of living in Raleigh research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Raleigh is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in North Carolina, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

116 Cost of living index 1.2x higher vs US
#132 Cheapest in North Carolina (of 159)
#4,066 Cheapest in the U.S. (of 6,489)
$433,996 Median home value
$1,572 Median rent
$85,395 Median income
Not sure Raleigh fits your budget? Try our place-match quiz →

What is the cost of living in Raleigh, NC?

According to the most recent data on the cost of living, Raleigh has an overall cost of living index of 116, which is 1.2x higher than the national index of 100.

Compared to North Carolina, Raleigh has a cost of living index that's 1.2x higher than North Carolina's index of 95.

The standard of living in Raleigh ranks as #132 most affordable out of the 159 places we measured in North Carolina. By definition, that implies Raleigh ranks as the #27 most expensive place in the Tar Heel State.

For more reading on life in Raleigh, check out:

Raleigh Cost Of Living Vs. North Carolina

Six factors go into calculating the cost of living index in Raleigh. Here is how it fares on each of the criteria:

  • The Services index in Raleigh is 101.

  • The Groceries index in Raleigh is 101.

  • The Health index in Raleigh is 144.

  • The Housing index in Raleigh is 106.

  • The Transportation index in Raleigh is 100.

  • The Utilities index in Raleigh is 106.

Living Expense Raleigh North Carolina National Average
Overall 116 95 100
Services 101 98 100
Groceries 101 98 100
Health 144 89 100
Housing 106 100 100
Transportation 100 97 100
Utilities 106 101 100

Raleigh Cost Of Living Compared To North Carolina Averages

Services
Raleigh 101
North Carolina avg 98
Groceries
Raleigh 101
North Carolina avg 98
Health
Raleigh 144
North Carolina avg 89
Housing
Raleigh 106
North Carolina avg 100
Transportation
Raleigh 100
North Carolina avg 97
Utilities
Raleigh 106
North Carolina avg 101

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around North Carolina, check out:

Protect your home budget Compare home warranties in Raleigh Get matched →

Source: Cost-of-living index 2026, normalized to US average = 100

Raleigh, NC Housing Cost Breakdown

$433,996Median Home Value
$1,572Median Rent
$85,395Median Income

Housing swings affordability the most between places in North Carolina, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Raleigh is $433,996.

  • The Median Rent in Raleigh is $1,572.

  • The Median Income in Raleigh is $85,395.

  • The Home Value To Income in Raleigh is 5.1x.

  • The Rent To Monthly Income in Raleigh is 0.22x.

Statistic Raleigh North Carolina United States
Median Home Value $433,996 $336,407 $332,700
Median Rent $1,572 $1,228 $1,413
Median Income $85,395 $72,388 $80,734
Home Value To Income 5.1x 4.6x 4.1x
Rent To Monthly Income 0.22x 0.2x 0.21x

Raleigh, NC Costs By Category

Detailed Raleigh Services costs vs. North Carolina
Item Raleigh North Carolina
Shampoo $1.09 $1.28
Movie $10.27 $12.13
Bowling $11.0 $18
Haircut $19.0 $24.26
Beauty Salon $29.58 $45.56
Detailed Raleigh Groceries costs vs. North Carolina
Item Raleigh North Carolina
Ground Beef $5.93 $5.84
Fried Chicken $1.59 $1.57
Milk $4.57 $4.67
Potatoes $5.18 $4.93
Pizza $10.47 $12.09
Beer $10.29 $10.41
Toothpaste $3.65 $3.7
Detailed Raleigh Health costs vs. North Carolina
Item Raleigh North Carolina
Optometrist $141.56 $125.68
Doctor $136.38 $135.78
Dentist $100.17 $113.29
Detailed Raleigh Transportation costs vs. North Carolina
Item Raleigh North Carolina
Gasoline $3.45 $3.46
Tire Balancing $63.55 $59.92
Detailed Raleigh Utilities costs vs. North Carolina
Item Raleigh North Carolina
All Electricity $201.14 $193.99
Phone $187.32 $192.25

Raleigh SnackAbility

8Overall SnackAbility
Jobs 8/10
Housing 8.5/10
Affordability 6/10
Diversity 9.5/10
Safety 5/10
Amenities 9.5/10
Education 8.5/10
Commute 8/10

Cost Of Living In Cities Around Raleigh

The cost of living varies in the cities and towns around Raleigh. Here's a quick look at the cost of living in the most populous nearby places:

  • Durham, NC has a cost of living index of 111, 1.0x Raleigh.

  • Cary, NC has a cost of living index of 123, 1.1x Raleigh.

  • Apex, NC has a cost of living index of 121, 1.0x Raleigh.

City Population Cost Of Living Vs. Raleigh
Durham, NC 291,467 111 1.0x
Cary, NC 179,306 123 1.1x
Apex, NC 70,630 121 1.0x
Wake Forest, NC 52,844 117 1.0x
Holly Springs, NC 45,248 126 1.1x
Fuquay-Varina, NC 40,485 112 1.0x
Garner, NC 34,473 104 0.9x
Morrisville, NC 31,422 121 1.0x
Clayton, NC 29,320 102 0.9x
Knightdale, NC 20,214 107 0.9x