Cost of Living Comparison Between Princeton, NJ and Raleigh, NC 

Indices DifferenceInfo
Consumer Prices in Raleigh, NC are 0.7% higher than in Princeton, NJ (without rent)
Consumer Prices Including Rent in Raleigh, NC are 7.1% lower than in Princeton, NJ
Rent Prices in Raleigh, NC are 17.6% lower than in Princeton, NJ
Restaurant Prices in Raleigh, NC are 12.7% higher than in Princeton, NJ
Groceries Prices in Raleigh, NC are 7.9% higher than in Princeton, NJ
Local Purchasing Power in Raleigh, NC is 16.2% lower than in Princeton, NJ
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Princeton, NJ Edit Raleigh, NC Edit Difference
Meal, Inexpensive Restaurant 17.50 $ 20.00 $      +14.3 %
Meal for 2 People, Mid-range Restaurant, Three-course 70.00 $ 90.00 $      +28.6 %
McMeal at McDonalds (or Equivalent Combo Meal) 16.00 $ 11.50 $      -28.1 %
Domestic Beer (1 pint draught) 5.00 $ 6.25 $      +25.0 %
Imported Beer (12 oz small bottle) 7.50 $ 7.50 $      0.0 %
Cappuccino (regular) 4.82 $ 5.47 $      +13.4 %
Coke/Pepsi (12 oz small bottle) 2.40 $ 2.85 $      +18.9 %
Water (12 oz small bottle) 2.70 $ 2.37 $      -12.3 %
Markets
Princeton, NJ Edit Raleigh, NC Edit
Milk (regular), (1 gallon) 4.13 $ 3.65 $      -11.6 %
Loaf of Fresh White Bread (1 lb) 2.66 $ 3.79 $      +42.4 %
Rice (white), (1 lb) 3.33 $ 2.54 $      -23.7 %
Eggs (regular) (12) 3.72 $ 4.09 $      +9.9 %
Local Cheese (1 lb) 7.00 $ 6.38 $      -8.8 %
Chicken Fillets (1 lb) 3.90 $ 5.29 $      +35.8 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.10 $ 8.28 $      +35.8 %
Apples (1 lb) 2.32 $ 2.59 $      +11.8 %
Banana (1 lb) 0.94 $ 0.72 $      -23.4 %
Oranges (1 lb) 2.88 $ 2.87 $      -0.2 %
Tomato (1 lb) 2.95 $ 2.24 $      -24.0 %
Potato (1 lb) 0.49 $ 1.44 $      +197.6 %
Onion (1 lb) 1.16 $ 1.24 $      +6.9 %
Lettuce (1 head) 1.07 $ 1.81 $      +69.6 %
Water (1.5 liter bottle) 2.80 $ 3.04 $      +8.8 %
Bottle of Wine (Mid-Range) 13.50 $ 15.00 $      +11.1 %
Domestic Beer (0.5 liter bottle) 1.73 $ 1.93 $      +11.4 %
Imported Beer (12 oz small bottle) 4.33 $ 3.61 $      -16.8 %
Cigarettes 20 Pack (Marlboro) 9.50 $ 7.50 $      -21.1 %
Transportation
Princeton, NJ Edit Raleigh, NC Edit
One-way Ticket (Local Transport) 1.60 $ 2.25 $      +40.6 %
Monthly Pass (Regular Price) 199.00 $ 60.00 $      -69.8 %
Taxi Start (Normal Tariff) 1.80 $ 2.50 $      +38.9 %
Taxi 1 mile (Normal Tariff) 2.20 $ 2.50 $      +13.6 %
Taxi 1hour Waiting (Normal Tariff) 24.00 $ 15.00 $      -37.5 %
Gasoline (1 gallon) 3.45 $ 3.60 $      +4.5 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 25,300.00 $ 30,000.00 $      +18.6 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,093.53 $ 25,857.40 $      -4.6 %
Utilities (Monthly)
Princeton, NJ Edit Raleigh, NC Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 153.91 $ 256.77 $      +66.8 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 44.38 $ 68.73 $      +54.9 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 48.80 $ 84.29 $      +72.7 %
Sports And Leisure
Princeton, NJ Edit Raleigh, NC Edit
Fitness Club, Monthly Fee for 1 Adult 145.00 $ 40.40 $      -72.1 %
Tennis Court Rent (1 Hour on Weekend) 35.00 $ 34.00 $      -2.9 %
Cinema, International Release, 1 Seat 15.00 $ 14.75 $      -1.7 %
Childcare
Princeton, NJ Edit Raleigh, NC Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,283.33 $ 1,413.33 $      +10.1 %
International Primary School, Yearly for 1 Child 34,200.00 $ 22,111.00 $      -35.3 %
Clothing And Shoes
Princeton, NJ Edit Raleigh, NC Edit
1 Pair of Jeans (Levis 501 Or Similar) 60.00 $ 60.43 $      +0.7 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 45.00 $ 51.00 $      +13.3 %
1 Pair of Nike Running Shoes (Mid-Range) 83.75 $ 102.71 $      +22.6 %
1 Pair of Men Leather Business Shoes 220.00 $ 140.77 $      -36.0 %
Rent Per Month
Princeton, NJ Edit Raleigh, NC Edit
Apartment (1 bedroom) in City Centre 2,766.67 $ 1,991.72 $      -28.0 %
Apartment (1 bedroom) Outside of Centre 1,900.00 $ 1,650.90 $      -13.1 %
Apartment (3 bedrooms) in City Centre 4,533.33 $ 3,614.48 $      -20.3 %
Apartment (3 bedrooms) Outside of Centre 3,175.00 $ 2,934.32 $      -7.6 %
Buy Apartment Price
Princeton, NJ Edit Raleigh, NC Edit
Price per Square Feet to Buy Apartment in City Centre 639.99 $ 828.66 $      +29.5 %
Price per Square Feet to Buy Apartment Outside of Centre 345.00 $ 349.50 $      +1.3 %
Salaries And Financing
Princeton, NJ Edit Raleigh, NC Edit
Average Monthly Net Salary (After Tax) 5,765.40 $ 4,491.91 $      -22.1 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.56 6.57      +0.0 %
Last update: May 2024May 2024
Contributors in the past 12 months:2084