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Charlotte vs Raleigh

Cost of living comparison for Charlotte, North Carolina and Raleigh, North Carolina.

Bottom line

Raleigh is approximately 2% more expensive than Charlotte. A single person needs about $3,827/mo in Raleigh versus $3,767/mo in Charlotte.

Rent in Charlotte vs Raleigh

HUD Fair Market Rents by bedroom count.

Charlotte · Studio
$1,586
Raleigh · Studio
$1,533
Charlotte is $53 (3%) higher than Raleigh
Charlotte · 1 bedroom
$1,647
Raleigh · 1 bedroom
$1,592
Charlotte is $55 (3%) higher than Raleigh
Charlotte · 2 bedroom
$1,824
Raleigh · 2 bedroom
$1,763
Charlotte is $61 (3%) higher than Raleigh
Charlotte · 3 bedroom
$2,250
Raleigh · 3 bedroom
$2,192
Charlotte is $58 (3%) higher than Raleigh

Income & earnings in Charlotte vs Raleigh

Annual figures from Census ACS.

Charlotte · Household income
$83,765
Raleigh · Household income
$101,763
Raleigh is $17,998 (21%) higher than Charlotte
Charlotte · Individual earnings
$48,997
Raleigh · Individual earnings
$54,712
Raleigh is $5,715 (12%) higher than Charlotte
Charlotte · Per capita
$51,490
Raleigh · Per capita
$52,949
Raleigh is $1,459 (3%) higher than Charlotte

Home values in Charlotte vs Raleigh

Average values and property tax.

Charlotte · Average home value
$371,200
Raleigh · Average home value
$422,800
Raleigh is $51,600 (14%) higher than Charlotte
Charlotte · Annual property tax
$2,780
Raleigh · Annual property tax
$3,023
Raleigh is $243 (9%) higher than Charlotte

Energy in Charlotte vs Raleigh

Estimated monthly electricity and gas.

Charlotte · Monthly electricity
$147
Raleigh · Monthly electricity
$147
Charlotte and Raleigh are about the same
Charlotte · Monthly gas
$40
Raleigh · Monthly gas
$40
Charlotte and Raleigh are about the same
Charlotte · Annual total
$2,244
Raleigh · Annual total
$2,244
Charlotte and Raleigh are about the same

Healthcare in Charlotte vs Raleigh

Marketplace premium estimates and coverage rate.

Charlotte · Individual premium
$480
Raleigh · Individual premium
$480
Charlotte and Raleigh are about the same
Charlotte · Family premium
$1,350
Raleigh · Family premium
$1,350
Charlotte and Raleigh are about the same
Charlotte · Uninsured rate
11.6%
Raleigh · Uninsured rate
8.2%
Charlotte is 3.4% (41%) higher than Raleigh

Taxes in Charlotte vs Raleigh

State income and sales tax.

Charlotte · State income tax
4.5%
Raleigh · State income tax
4.5%
Charlotte and Raleigh are about the same
Charlotte · State sales tax
4.8%
Raleigh · State sales tax
4.8%
Charlotte and Raleigh are about the same
Charlotte · Combined sales tax
7.0%
Raleigh · Combined sales tax
7.0%
Charlotte and Raleigh are about the same

Transportation in Charlotte vs Raleigh

Commute time and travel modes.

Charlotte · Average commute
25.4 min
Raleigh · Average commute
25.3 min
Charlotte is 0.1 min (0%) higher than Raleigh
Charlotte · Drive alone
61.9%
Raleigh · Drive alone
64.4%
Raleigh is 2.5% (4%) higher than Charlotte
Charlotte · Public transit
1.9%
Raleigh · Public transit
0.7%
Charlotte is 1.2% (171%) higher than Raleigh

Monthly cost estimates in Charlotte vs Raleigh

All categories combined.

Charlotte · Single person
$3,767
Raleigh · Single person
$3,827
Raleigh is $60 (2%) higher than Charlotte
Charlotte · Couple
$5,224
Raleigh · Couple
$5,526
Raleigh is $302 (6%) higher than Charlotte
Charlotte · Family
$7,782
Raleigh · Family
$8,087
Raleigh is $305 (4%) higher than Charlotte

Frequently asked questions

Common questions comparing Charlotte and Raleigh.

Is Charlotte or Raleigh more expensive?

Raleigh is more expensive overall. A single person needs approximately $3,767/mo in Charlotte, North Carolina and $3,827/mo in Raleigh, North Carolina, a difference of about 2%.

What is the rent difference between Charlotte and Raleigh?

Average one-bedroom rent in Charlotte, North Carolina is $1,647/mo versus $1,592/mo in Raleigh, North Carolina. Charlotte is approximately $55 (3%) more expensive for a one-bedroom apartment.

Which has higher income, Charlotte or Raleigh?

Raleigh has the higher average household income. Charlotte households earn approximately $83,765 per year; Raleigh households earn approximately $101,763 per year.

More on Charlotte and Raleigh

Read full profiles for either area, or pick a different pair to compare.

About this data

Figures come from official U.S. government sources including the Census Bureau (ACS), HUD Fair Market Rents, and the Energy Information Administration. See our methodology for details.