Skyline of Raleigh
Cost of Living: 102.4 476,587

Raleigh, NC, US

Research Triangle hub with tech jobs, oak trees, and a balanced cost of living.

Updated September 12, 2026

Overview

Raleigh is a city in NC with a population of 476,587. Research Triangle hub with tech jobs, oak trees, and a balanced cost of living. Housing costs are close to the national average. Gardening thrives here — the 5b growing zone supports Cool — many vegetables, some fruit trees. A large share of residents hold a bachelor’s degree or higher. The population skews young, with a median age of 34.7.

Last updated: September 12, 2026

Cost of Living 102.4

Above Average vs US Avg (100)

Housing Index 108.5

Above Average

Median Income $72,000

Household income

Unemployment 3.0%

Job market health

Raleigh vs US Average

Cost of Living
Raleigh: 102.4
US Avg: 100
Housing Index
Raleigh: 108.5
US Avg: 100
State Income Tax
Raleigh: 4.75%
US Avg: ~5%

Taxes

  • State Income Tax: 4.8%
  • Sales Tax: 7.2%

Economy & Jobs

  • Median Income: $72,000
  • Unemployment: 3.0%
  • Population: 476,587

Climate

  • Sunny Days: 220/year
  • Summer High: 89°F
  • Winter Low: 30°F
  • Farming Zone: USDA Zone 5b

Housing

  • Median Home: $395,000
  • 1BR Rent: $1450/mo

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Cost of Living

Raleigh's cost of living index is 102.4 (US average = 100).

CategoryRaleighNational AverageDifference
Overall102.4100+2.4%
Housing108.5100+8.5%

Data source: Council for Community and Economic Research (C2ER), 2026

Housing Market

MetricValue
Median Home Price$395,000
Median Rent (1BR)$1450/mo
Median Rent (2BR)$1,813/mo
Price per Sq Ft$263

Data source: Zillow Research, 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

$
%
$90,000 down
%
%
$

Utilities

Estimated monthly utility costs for a typical household in Raleigh:

UtilityEstimated Monthly CostNotes
Electricity$110Based on ~900 kWh/month typical US household usage
Heating & Cooling$69Estimated based on local climate. Gas or electric
Cooling (AC)$7Estimated based on local climate and electricity rates
Water$55Includes sewer
Internet (100+ Mbps)$55Broadband average
Garbage / Trash$25Private service
Total Utilities$321Monthly estimate (including heating & cooling)

Data sources: U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow

Remote Work Score

Raleigh scores —/100 for remote work readiness:

Cost of Living
— 102.4
Rent
— $1450
Sunny Days
— 220
Tax
— 4.75%
Unemployment
— 3.0%
Climate
— 89°F / 30°F
Safety
— 5.1 homicides/100k
Population
— 476,587
Internet Speed
— 200 Mbps

Climate

Raleigh has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January50°F30°F2.5"
April74°F45°F2.8"
July89°F64°F1.5"
October69°F48°F2.2"
USDA Zone 5b

Cool — many vegetables, some fruit trees

Natural Hazards

Raleigh faces the following natural hazards:

Flood High Risk

Flash floods.

Heat Wave High Risk

Summer heat waves.

Landslide High Risk

Appalachian region with landslides.

Tornado Moderate Risk

Tornado risk.

Hurricane Moderate Risk

Inland effects from hurricanes.

Wildfire Moderate Risk

Wildfire risk in forested areas.

Blizzard Moderate Risk

Winter storms.

Drought Moderate Risk

Periodic drought conditions.

Based on historical records and geographic risk assessment.

Taxes

  • State Income Tax: 4.75%
  • Sales Tax: 7.25%
  • Property Tax: ~0.95% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 3.0%.

Crime & Safety

Crime rates in Raleigh per 100,000 residents:

488.8
Violent Crime
2,819.2
Property Crime
5.1
Homicide

Data source: FBI Uniform Crime Reporting

Schools & Education

57/100
School Quality Score
Better than 67% of US cities
?
101
Total Schools
7.1:1
Student:Teacher
96.5%
Free/Reduced Lunch

Data source: National Center for Education Statistics (NCES)

Demographics

The population of Raleigh is diverse. The figures below show the ethnic, educational, and religious composition of the local population.

Ethnicity

Asian
4.7%
Black or African American
27.0%
Hispanic or Latino
12.7%
Native American
0.2%
Native Hawaiian or Pacific Islander
0.0%
Other
0.4%
Two or more races
3.5%
White
51.4%

Education

Bachelor's degree or higher
52.9%
High school graduate
15.9%
Less than high school
7.5%
Some college
23.6%

Religion

Buddhist
1.0%
Christian
70.0%
Hindu
1.0%
Jewish
1.0%
Muslim
1.0%
Other
2.0%
Unaffiliated
24.0%

Data source: US Census Bureau American Community Survey (ACS) (2023)

Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.

Frequently Asked Questions

What is the cost of living in Raleigh, NC, US?

The cost of living index in Raleigh is 102.4, which is Higher the US national average of 100.

How much does it cost to buy a home in Raleigh?

The median home price in Raleigh is $395,000. The housing index is 108.5.

What is the average rent for a 1-bedroom apartment?

The average rent for a 1-bedroom apartment in Raleigh is approximately $1450/mo.

Does Raleigh, NC have income tax?

Raleigh is in NC, which has an income tax rate of 4.75%.

What is the climate like in Raleigh?

Raleigh enjoys approximately 220 sunny days per year. Summer highs reach around 89°F, while winter lows can drop to around 30°F.

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Data Sources

  • Cost of Living: Council for Community and Economic Research (C2ER), 2026
  • Housing Data: Zillow Research, 2026
  • Income & Employment: US Census Bureau American Community Survey, 2024
  • Utilities U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow

Data last updated: September 13, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.