Cost of Living in Raleigh, NC (2026) (2026)
Raleigh anchors the Research Triangle, one of America's top tech and biotech corridors. With three major universities nearby, the city attracts educated professionals seeking affordable Southern living.
Avg 1BR Rent
$1,450
Avg 2BR Rent
$1,680
State Tax
3.99%
Median Income
$78,500
Affordability Rating
TightAffordableTightExpensive
$1,750/mo rent on $70K in Raleigh
Rent Affordability by Salary in Raleigh
Monthly Cost Breakdown in Raleigh
Average 1BR Rent$1,450
Utilities$155
Groceries$398
Transportation$420
Healthcare$305
Total Monthly Essentials$2,728
Living in Raleigh: What to Expect
Raleigh is the thinking person's Southern city. It's quieter than Charlotte but punches above its weight with world-class research institutions and a farm-to-table food scene.
Best Neighborhoods for Renters
Downtown Raleigh has revitalized with new restaurants and breweries, while Cary offers some of the best schools in the state with a suburban feel.
Getting Around
No rail system yet, but Raleigh's relatively compact size means most commutes stay under 25 minutes by car.