Charlotte vs Raleigh: Cost of Living
Charlotte and Raleigh cost about the same overall.
How Charlotte Compares to Raleigh
Category by category
Renting
▲ 4%
Buying
▼ 4%
Goods
about the same
Services
▼ 7%
Key Facts
| Charlotte | Raleigh | |
|---|---|---|
| Median Rent | $1,720/mo | $1,661/mo |
| Median Home | $431,900 | $450,300 |
| Median Income | $86,416 | $85,060 |
| State Income Tax | 4.25% flat | 4.25% flat |
| Sales Tax | 7.25% | 7.25% |
Housing: The Biggest Difference
Charlotte has the lower median home price by $18,400. Monthly rent is $59/month cheaper in Raleigh.
Charlotte vs Raleigh FAQ
Rent is $59/month cheaper in Raleigh. Charlotte's median rent is $1,720/month, while Raleigh's is $1,661/month. Source: Census ACS 2024.
Charlotte has the lower median home price at $431900, saving $18,400 compared to Raleigh. Source: Census ACS 2024.