Cost of Living Comparison Between Charlotte, NC and Raleigh, NC 

Indices DifferenceInfo
Cost of Living in Raleigh, NC is 0.3% lower than in Charlotte, NC (without rent)
Cost of Living Including Rent in Raleigh, NC is 2.3% lower than in Charlotte, NC
Rent Prices in Raleigh, NC are 5.5% lower than in Charlotte, NC
Restaurant Prices in Raleigh, NC are 3.8% higher than in Charlotte, NC
Groceries Prices in Raleigh, NC are 4.9% lower than in Charlotte, NC
Local Purchasing Power in Raleigh, NC is 1.6% lower than in Charlotte, NC
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Charlotte, NC Edit Raleigh, NC Edit Difference
Meal, Inexpensive Restaurant 20.00 $ 20.00 $      0.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 87.50 $ 90.00 $      +2.9 %
McMeal at McDonalds (or Equivalent Combo Meal) 11.00 $ 11.50 $      +4.5 %
Domestic Beer (1 pint draught) 6.00 $ 6.50 $      +8.3 %
Imported Beer (12 oz small bottle) 7.00 $ 7.50 $      +7.1 %
Cappuccino (regular) 4.85 $ 5.56 $      +14.6 %
Coke/Pepsi (12 oz small bottle) 2.42 $ 2.86 $      +18.5 %
Water (12 oz small bottle) 1.99 $ 2.37 $      +18.9 %
Markets
Charlotte, NC Edit Raleigh, NC Edit
Milk (regular), (1 gallon) 4.01 $ 3.60 $      -10.3 %
Loaf of Fresh White Bread (1 lb) 3.49 $ 3.90 $      +11.8 %
Rice (white), (1 lb) 2.85 $ 2.18 $      -23.8 %
Eggs (regular) (12) 3.94 $ 4.09 $      +3.8 %
Local Cheese (1 lb) 6.58 $ 6.38 $      -3.0 %
Chicken Fillets (1 lb) 5.82 $ 5.30 $      -9.0 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.77 $ 8.28 $      -15.2 %
Apples (1 lb) 3.13 $ 2.54 $      -18.8 %
Banana (1 lb) 0.75 $ 0.72 $      -3.9 %
Oranges (1 lb) 2.85 $ 2.87 $      +0.5 %
Tomato (1 lb) 2.15 $ 2.15 $      +0.0 %
Potato (1 lb) 1.58 $ 1.44 $      -8.3 %
Onion (1 lb) 1.51 $ 1.24 $      -18.0 %
Lettuce (1 head) 1.77 $ 1.81 $      +2.3 %
Water (1.5 liter bottle) 1.90 $ 3.04 $      +60.5 %
Bottle of Wine (Mid-Range) 13.00 $ 15.00 $      +15.4 %
Domestic Beer (0.5 liter bottle) 1.73 $ 1.93 $      +11.4 %
Imported Beer (12 oz small bottle) 3.88 $ 3.61 $      -7.0 %
Cigarettes 20 Pack (Marlboro) 8.00 $ 7.50 $      -6.2 %
Transportation
Charlotte, NC Edit Raleigh, NC Edit
One-way Ticket (Local Transport) 2.25 $ 2.25 $      0.0 %
Monthly Pass (Regular Price) 120.00 $ 60.00 $      -50.0 %
Taxi Start (Normal Tariff) 5.00 $ 2.50 $      -50.0 %
Taxi 1 mile (Normal Tariff) 8.00 $ 2.50 $      -68.8 %
Taxi 1hour Waiting (Normal Tariff) 36.50 $ 15.00 $      -58.9 %
Gasoline (1 gallon) 3.22 $ 3.57 $      +10.8 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 34,000.00 $ 30,000.00 $      -11.8 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 24,893.65 $ 25,857.40 $      +3.9 %
Utilities (Monthly)
Charlotte, NC Edit Raleigh, NC Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 186.01 $ 256.77 $      +38.0 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 44.71 $ 68.73 $      +53.7 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 74.44 $ 83.55 $      +12.2 %
Sports And Leisure
Charlotte, NC Edit Raleigh, NC Edit
Fitness Club, Monthly Fee for 1 Adult 29.80 $ 40.40 $      +35.6 %
Tennis Court Rent (1 Hour on Weekend) 20.00 $ 34.00 $      +70.0 %
Cinema, International Release, 1 Seat 14.99 $ 14.75 $      -1.6 %
Childcare
Charlotte, NC Edit Raleigh, NC Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,455.50 $ 1,413.33 $      -2.9 %
International Primary School, Yearly for 1 Child 26,280.00 $ 22,111.00 $      -15.9 %
Clothing And Shoes
Charlotte, NC Edit Raleigh, NC Edit
1 Pair of Jeans (Levis 501 Or Similar) 59.81 $ 60.46 $      +1.1 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 46.80 $ 51.00 $      +9.0 %
1 Pair of Nike Running Shoes (Mid-Range) 109.33 $ 104.44 $      -4.5 %
1 Pair of Men Leather Business Shoes 129.87 $ 140.77 $      +8.4 %
Rent Per Month
Charlotte, NC Edit Raleigh, NC Edit
Apartment (1 bedroom) in City Centre 1,983.33 $ 1,994.26 $      +0.6 %
Apartment (1 bedroom) Outside of Centre 1,740.17 $ 1,650.90 $      -5.1 %
Apartment (3 bedrooms) in City Centre 4,328.33 $ 3,614.48 $      -16.5 %
Apartment (3 bedrooms) Outside of Centre 2,728.08 $ 2,931.58 $      +7.5 %
Buy Apartment Price
Charlotte, NC Edit Raleigh, NC Edit
Price per Square Feet to Buy Apartment in City Centre 409.18 $ 828.66 $      +102.5 %
Price per Square Feet to Buy Apartment Outside of Centre 257.26 $ 349.50 $      +35.9 %
Salaries And Financing
Charlotte, NC Edit Raleigh, NC Edit
Average Monthly Net Salary (After Tax) 4,671.42 $ 4,491.91 $      -3.8 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.46 6.57      +1.6 %
Last update: May 2024May 2024
Contributors in the past 12 months:8085