New York vs Raleigh: Cost of Living
22%
New York is about 22% more expensive than Raleigh overall.
How New York Compares to Raleigh
Category by category
Renting
▲ 9%
Buying
▲ 73%
Goods
▲ 12%
Services
▲ 44%
Key Facts
| New York | Raleigh | |
|---|---|---|
| Median Rent | $1,811/mo | $1,661/mo |
| Median Home | $778,600 | $450,300 |
| Median Income | $81,228 | $85,060 |
| State Income Tax | Up to 10.9% | 4.25% flat |
| Sales Tax | 8.875% | 7.25% |
Housing: The Biggest Difference
Raleigh has the lower median home price by $328,300. Monthly rent is $150/month cheaper in Raleigh.
New York vs Raleigh FAQ
Rent is $150/month cheaper in Raleigh. New York's median rent is $1,811/month, while Raleigh's is $1,661/month. Source: Census ACS 2024.
Raleigh has the lower median home price at $450,300, saving $328,300 compared to New York. Source: Census ACS 2024.