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

Indices DifferenceInfo
Consumer Prices in Raleigh, NC are 0.0% lower than in Charlotte, NC (without rent)
Consumer Prices Including Rent in Raleigh, NC are 3.1% lower than in Charlotte, NC
Rent Prices in Raleigh, NC are 7.6% lower than in Charlotte, NC
Restaurant Prices in Raleigh, NC are 8.4% higher than in Charlotte, NC
Groceries Prices in Raleigh, NC are 8.4% lower than in Charlotte, NC
Local Purchasing Power in Raleigh, NC is 6.4% lower than in Charlotte, NC
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Charlotte, NC Edit Raleigh, NC Edit Difference
Meal, Inexpensive Restaurant 18.00 $ 20.00 $      +11.1 %
Meal for 2 People, Mid-range Restaurant, Three-course 80.00 $ 85.00 $      +6.2 %
McMeal at McDonalds (or Equivalent Combo Meal) 11.25 $ 11.50 $      +2.2 %
Domestic Beer (1 pint draught) 6.00 $ 6.25 $      +4.2 %
Imported Beer (12 oz small bottle) 7.00 $ 7.50 $      +7.1 %
Cappuccino (regular) 4.87 $ 5.36 $      +10.0 %
Coke/Pepsi (12 oz small bottle) 2.42 $ 2.86 $      +18.0 %
Water (12 oz small bottle) 1.99 $ 2.34 $      +17.8 %
Markets
Charlotte, NC Edit Raleigh, NC Edit
Milk (regular), (1 gallon) 3.96 $ 3.63 $      -8.2 %
Loaf of Fresh White Bread (1 lb) 3.49 $ 3.70 $      +6.0 %
Rice (white), (1 lb) 2.35 $ 2.54 $      +8.1 %
Eggs (regular) (12) 3.93 $ 3.64 $      -7.5 %
Local Cheese (1 lb) 6.24 $ 6.21 $      -0.5 %
Chicken Fillets (1 lb) 6.24 $ 4.74 $      -24.1 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.42 $ 8.03 $      -14.8 %
Apples (1 lb) 3.03 $ 2.36 $      -22.3 %
Banana (1 lb) 0.84 $ 0.69 $      -18.1 %
Oranges (1 lb) 2.84 $ 2.72 $      -4.2 %
Tomato (1 lb) 2.16 $ 2.13 $      -1.5 %
Potato (1 lb) 1.55 $ 1.34 $      -13.3 %
Onion (1 lb) 1.54 $ 1.09 $      -28.9 %
Lettuce (1 head) 1.80 $ 1.79 $      -0.5 %
Water (1.5 liter bottle) 1.90 $ 2.85 $      +50.4 %
Bottle of Wine (Mid-Range) 15.00 $ 14.00 $      -6.7 %
Domestic Beer (0.5 liter bottle) 2.39 $ 1.81 $      -24.3 %
Imported Beer (12 oz small bottle) 4.02 $ 3.79 $      -5.6 %
Cigarettes 20 Pack (Marlboro) 8.00 $ 7.50 $      -6.2 %
Transportation
Charlotte, NC Edit Raleigh, NC Edit
One-way Ticket (Local Transport) 2.25 $ 2.30 $      +2.2 %
Monthly Pass (Regular Price) 120.00 $ 67.50 $      -43.8 %
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) 3.25 $ 3.58 $      +10.0 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 34,000.00 $ 32,344.69 $      -4.9 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 23,776.15 $ 25,422.75 $      +6.9 %
Utilities (Monthly)
Charlotte, NC Edit Raleigh, NC Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 180.95 $ 263.68 $      +45.7 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 44.71 $ 61.44 $      +37.4 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 74.19 $ 82.75 $      +11.5 %
Sports And Leisure
Charlotte, NC Edit Raleigh, NC Edit
Fitness Club, Monthly Fee for 1 Adult 25.00 $ 51.25 $      +105.0 %
Tennis Court Rent (1 Hour on Weekend) 20.00 $ 34.00 $      +70.0 %
Cinema, International Release, 1 Seat 14.99 $ 14.00 $      -6.6 %
Childcare
Charlotte, NC Edit Raleigh, NC Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,383.33 $ 1,456.00 $      +5.3 %
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) 58.28 $ 63.61 $      +9.1 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 46.80 $ 53.60 $      +14.5 %
1 Pair of Nike Running Shoes (Mid-Range) 104.82 $ 100.69 $      -3.9 %
1 Pair of Men Leather Business Shoes 126.55 $ 147.50 $      +16.6 %
Rent Per Month
Charlotte, NC Edit Raleigh, NC Edit
Apartment (1 bedroom) in City Centre 2,016.67 $ 1,975.12 $      -2.1 %
Apartment (1 bedroom) Outside of Centre 1,816.55 $ 1,643.05 $      -9.6 %
Apartment (3 bedrooms) in City Centre 4,474.00 $ 3,638.29 $      -18.7 %
Apartment (3 bedrooms) Outside of Centre 2,822.92 $ 3,030.78 $      +7.4 %
Buy Apartment Price
Charlotte, NC Edit Raleigh, NC Edit
Price per Square Feet to Buy Apartment in City Centre 409.18 $ 867.42 $      +112.0 %
Price per Square Feet to Buy Apartment Outside of Centre 257.26 $ 393.86 $      +53.1 %
Salaries And Financing
Charlotte, NC Edit Raleigh, NC Edit
Average Monthly Net Salary (After Tax) 4,779.79 $ 4,338.90 $      -9.2 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.45 6.57      +1.9 %
Last update: February 2024February 2024
Contributors in the past 12 months:8478