The Raleigh Cost-of-Living Index tool shows how expensive Raleigh, North Carolina is relative to the rest of the country and converts a salary from any city into its Raleigh equivalent. Raleigh’s composite index sits near 107 — about 7% above the US average of 100 — driven mostly by housing. If you are weighing a move or a job offer, this tells you what salary keeps your standard of living intact.
How it works
A cost-of-living index anchors the US national average at 100. Comparing two places is a ratio of their indexes:
equivalent salary = current salary x (Raleigh index / current city index)
percent difference = (Raleigh index / current city index - 1) x 100
So earning $80,000 in a city at index 100 requires 80,000 x (107 / 100) = $85,600 in Raleigh to
match. Move from a pricier city (say index 150) and the same salary stretches much further in
Raleigh.
Example and notes
If you live in a city at index 130 earning $90,000, an equivalent Raleigh lifestyle needs
90,000 x (107 / 130) = $74,077 — Raleigh is cheaper for you, so the offer can be lower without a
pay cut in real terms. Coming from a city at index 95, the same $90,000 would need to rise to
about $101,368 in Raleigh. Adjust the indexes to match your data source, and remember housing
dominates the composite, so check current Raleigh rents alongside this estimate.