CostByCity

Miami, FL vs Raleigh, NC

Cost of Living Comparison

Raleigh, NC is more affordable by 16.0 index points

Side-by-Side Comparison

CategoryMiami, FLRaleigh, NCDifference
Overall114.298.2+16.0
Housing155.6103.5+52.1
Goods103.696.6+6.9
Utilities97.289.0+8.3
Other Services109.198.2+10.9

Income & Housing Comparison

MetricMiami, FLRaleigh, NC
Median Household Income$69,085$91,818
Median Home Value$369,500$347,600
Median Monthly Rent$1,657$1,366
Per Capita Income$39,957$47,031

Frequently Asked Questions

Is Miami, FL or Raleigh, NC cheaper to live in?
Raleigh, NC is more affordable. The cost of living difference is 16.0 index points (Miami, FL: 114.2, Raleigh, NC: 98.2).
Where is housing cheaper, Miami, FL or Raleigh, NC?
Housing is more affordable in Raleigh, NC. Housing index: Miami, FL (155.6) vs Raleigh, NC (103.5).