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

Indices DifferenceInfo
Consumer Prices in Raleigh, NC are 2.0% higher than in Charlotte, NC (without rent)
Consumer Prices Including Rent in Raleigh, NC are 1.8% lower than in Charlotte, NC
Rent Prices in Raleigh, NC are 7.6% lower than in Charlotte, NC
Restaurant Prices in Raleigh, NC are 11.4% higher than in Charlotte, NC
Groceries Prices in Raleigh, NC are 4.0% lower than in Charlotte, NC
Local Purchasing Power in Raleigh, NC is 6.7% 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 $ 90.00 $      +12.5 %
McMeal at McDonalds (or Equivalent Combo Meal) 11.00 $ 12.00 $      +9.1 %
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) 4.82 $ 5.42 $      +12.5 %
Coke/Pepsi (12 oz small bottle) 2.43 $ 2.85 $      +17.5 %
Water (12 oz small bottle) 1.99 $ 2.37 $      +19.0 %
Markets
Charlotte, NC Edit Raleigh, NC Edit
Milk (regular), (1 gallon) 3.96 $ 3.65 $      -7.7 %
Loaf of Fresh White Bread (1 lb) 3.49 $ 3.79 $      +8.5 %
Rice (white), (1 lb) 2.35 $ 2.54 $      +8.1 %
Eggs (regular) (12) 3.94 $ 4.09 $      +3.8 %
Local Cheese (1 lb) 6.24 $ 6.38 $      +2.3 %
Chicken Fillets (1 lb) 6.24 $ 5.29 $      -15.2 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.42 $ 8.28 $      -12.1 %
Apples (1 lb) 3.13 $ 2.59 $      -17.0 %
Banana (1 lb) 0.83 $ 0.71 $      -13.9 %
Oranges (1 lb) 2.84 $ 2.87 $      +0.9 %
Tomato (1 lb) 2.16 $ 2.24 $      +3.6 %
Potato (1 lb) 1.58 $ 1.44 $      -8.3 %
Onion (1 lb) 1.54 $ 1.18 $      -23.3 %
Lettuce (1 head) 1.80 $ 1.81 $      +0.7 %
Water (1.5 liter bottle) 1.90 $ 3.04 $      +60.5 %
Bottle of Wine (Mid-Range) 15.00 $ 15.00 $      0.0 %
Domestic Beer (0.5 liter bottle) 2.39 $ 1.93 $      -19.5 %
Imported Beer (12 oz small bottle) 4.02 $ 3.61 $      -10.2 %
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) 3.25 $ 3.62 $      +11.4 %
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) 23,776.15 $ 25,857.40 $      +8.8 %
Utilities (Monthly)
Charlotte, NC Edit Raleigh, NC Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 180.95 $ 259.65 $      +43.5 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 44.71 $ 68.73 $      +53.7 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 73.10 $ 84.30 $      +15.3 %
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) 58.28 $ 61.97 $      +6.3 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 46.80 $ 52.17 $      +11.5 %
1 Pair of Nike Running Shoes (Mid-Range) 104.82 $ 102.71 $      -2.0 %
1 Pair of Men Leather Business Shoes 126.55 $ 143.57 $      +13.4 %
Rent Per Month
Charlotte, NC Edit Raleigh, NC Edit
Apartment (1 bedroom) in City Centre 2,016.67 $ 2,007.42 $      -0.5 %
Apartment (1 bedroom) Outside of Centre 1,816.55 $ 1,665.14 $      -8.3 %
Apartment (3 bedrooms) in City Centre 4,474.00 $ 3,614.48 $      -19.2 %
Apartment (3 bedrooms) Outside of Centre 2,783.85 $ 2,963.77 $      +6.5 %
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) 4,833.81 $ 4,430.18 $      -8.4 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.45 6.58      +1.9 %
Last update: April 2024April 2024
Contributors in the past 12 months:8388