CostByCity

Phoenix, AZ vs Raleigh, NC

Cost of Living Comparison

Raleigh, NC is more affordable by 5.2 index points

Side-by-Side Comparison

CategoryPhoenix, AZRaleigh, NCDifference
Overall103.398.2+5.2
Housing121.2103.5+17.8
Goods95.096.6-1.6
Utilities93.389.0+4.4
Other Services104.098.2+5.8

Income & Housing Comparison

MetricPhoenix, AZRaleigh, NC
Median Household Income$79,935$91,818
Median Home Value$360,600$347,600
Median Monthly Rent$1,432$1,366
Per Capita Income$40,787$47,031

Frequently Asked Questions

Is Phoenix, AZ or Raleigh, NC cheaper to live in?
Raleigh, NC is more affordable. The cost of living difference is 5.2 index points (Phoenix, AZ: 103.3, Raleigh, NC: 98.2).
Where is housing cheaper, Phoenix, AZ or Raleigh, NC?
Housing is more affordable in Raleigh, NC. Housing index: Phoenix, AZ (121.2) vs Raleigh, NC (103.5).