Austin vs Raleigh: Cost of Living
9%
Austin is about 9% more expensive than Raleigh overall.
How Austin Compares to Raleigh
Category by category
Renting
▲ 7%
Buying
▲ 27%
Goods
▼ 4%
Services
▲ 22%
Key Facts
| Austin | Raleigh | |
|---|---|---|
| Median Rent | $1,770/mo | $1,661/mo |
| Median Home | $571,000 | $450,300 |
| Median Income | $90,430 | $85,060 |
| State Income Tax | None | 4.25% flat |
| Sales Tax | 8.25% | 7.25% |
Housing: The Biggest Difference
Raleigh has the lower median home price by $120,700. Monthly rent is $109/month cheaper in Raleigh.
Austin vs Raleigh FAQ
Rent is $109/month cheaper in Raleigh. Austin's median rent is $1,770/month, while Raleigh's is $1,661/month. Source: Census ACS 2024.
Raleigh has the lower median home price at $450,300, saving $120,700 compared to Austin. Source: Census ACS 2024.