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

Indices DifferenceInfo
Consumer Prices in Charlotte, NC are 2.0% lower than in Raleigh, NC (without rent)
Consumer Prices Including Rent in Charlotte, NC are 1.8% higher than in Raleigh, NC
Rent Prices in Charlotte, NC are 8.2% higher than in Raleigh, NC
Restaurant Prices in Charlotte, NC are 10.2% lower than in Raleigh, NC
Groceries Prices in Charlotte, NC are 4.2% higher than in Raleigh, NC
Local Purchasing Power in Charlotte, NC is 7.1% higher than in Raleigh, NC
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Raleigh, NC Edit Charlotte, NC Edit Difference
Meal, Inexpensive Restaurant 20.00 $ 18.00 $      -10.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 90.00 $ 80.00 $      -11.1 %
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 $ 11.00 $      -8.3 %
Domestic Beer (1 pint draught) 6.25 $ 6.00 $      -4.0 %
Imported Beer (12 oz small bottle) 7.50 $ 7.00 $      -6.7 %
Cappuccino (regular) 5.42 $ 4.82 $      -11.1 %
Coke/Pepsi (12 oz small bottle) 2.85 $ 2.43 $      -14.9 %
Water (12 oz small bottle) 2.37 $ 1.99 $      -16.0 %
Markets
Raleigh, NC Edit Charlotte, NC Edit
Milk (regular), (1 gallon) 3.65 $ 3.96 $      +8.3 %
Loaf of Fresh White Bread (1 lb) 3.79 $ 3.49 $      -7.8 %
Rice (white), (1 lb) 2.54 $ 2.35 $      -7.5 %
Eggs (regular) (12) 4.09 $ 3.94 $      -3.7 %
Local Cheese (1 lb) 6.38 $ 6.24 $      -2.2 %
Chicken Fillets (1 lb) 5.29 $ 6.24 $      +18.0 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.28 $ 9.42 $      +13.8 %
Apples (1 lb) 2.59 $ 3.13 $      +20.5 %
Banana (1 lb) 0.71 $ 0.83 $      +16.2 %
Oranges (1 lb) 2.87 $ 2.84 $      -0.9 %
Tomato (1 lb) 2.24 $ 2.16 $      -3.5 %
Potato (1 lb) 1.44 $ 1.58 $      +9.1 %
Onion (1 lb) 1.18 $ 1.54 $      +30.4 %
Lettuce (1 head) 1.81 $ 1.80 $      -0.7 %
Water (1.5 liter bottle) 3.04 $ 1.90 $      -37.7 %
Bottle of Wine (Mid-Range) 15.00 $ 15.00 $      0.0 %
Domestic Beer (0.5 liter bottle) 1.93 $ 2.39 $      +24.2 %
Imported Beer (12 oz small bottle) 3.61 $ 4.02 $      +11.3 %
Cigarettes 20 Pack (Marlboro) 7.50 $ 8.00 $      +6.7 %
Transportation
Raleigh, NC Edit Charlotte, NC Edit
One-way Ticket (Local Transport) 2.25 $ 2.25 $      0.0 %
Monthly Pass (Regular Price) 60.00 $ 120.00 $      +100.0 %
Taxi Start (Normal Tariff) 2.50 $ 5.00 $      +100.0 %
Taxi 1 mile (Normal Tariff) 2.50 $ 8.00 $      +220.0 %
Taxi 1hour Waiting (Normal Tariff) 15.00 $ 36.50 $      +143.3 %
Gasoline (1 gallon) 3.62 $ 3.25 $      -10.3 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 30,000.00 $ 34,000.00 $      +13.3 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 25,857.40 $ 23,776.15 $      -8.0 %
Utilities (Monthly)
Raleigh, NC Edit Charlotte, NC Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 259.65 $ 180.95 $      -30.3 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 68.73 $ 44.71 $      -34.9 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 84.30 $ 73.10 $      -13.3 %
Sports And Leisure
Raleigh, NC Edit Charlotte, NC Edit
Fitness Club, Monthly Fee for 1 Adult 40.40 $ 29.80 $      -26.2 %
Tennis Court Rent (1 Hour on Weekend) 34.00 $ 20.00 $      -41.2 %
Cinema, International Release, 1 Seat 14.75 $ 14.99 $      +1.6 %
Childcare
Raleigh, NC Edit Charlotte, NC Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,413.33 $ 1,455.50 $      +3.0 %
International Primary School, Yearly for 1 Child 22,111.00 $ 26,280.00 $      +18.9 %
Clothing And Shoes
Raleigh, NC Edit Charlotte, NC Edit
1 Pair of Jeans (Levis 501 Or Similar) 61.97 $ 58.28 $      -6.0 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 52.17 $ 46.80 $      -10.3 %
1 Pair of Nike Running Shoes (Mid-Range) 102.71 $ 104.82 $      +2.1 %
1 Pair of Men Leather Business Shoes 143.57 $ 126.55 $      -11.9 %
Rent Per Month
Raleigh, NC Edit Charlotte, NC Edit
Apartment (1 bedroom) in City Centre 2,007.42 $ 2,016.67 $      +0.5 %
Apartment (1 bedroom) Outside of Centre 1,665.14 $ 1,816.55 $      +9.1 %
Apartment (3 bedrooms) in City Centre 3,614.48 $ 4,474.00 $      +23.8 %
Apartment (3 bedrooms) Outside of Centre 2,963.77 $ 2,783.85 $      -6.1 %
Buy Apartment Price
Raleigh, NC Edit Charlotte, NC Edit
Price per Square Feet to Buy Apartment in City Centre 867.42 $ 409.18 $      -52.8 %
Price per Square Feet to Buy Apartment Outside of Centre 393.86 $ 257.26 $      -34.7 %
Salaries And Financing
Raleigh, NC Edit Charlotte, NC Edit
Average Monthly Net Salary (After Tax) 4,430.18 $ 4,833.81 $      +9.1 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.58 6.45      -1.9 %
Last update: April 2024April 2024
Contributors in the past 12 months:8883