Side-by-side comparison

New York City vs Raleigh

Cost of living comparison for New York City, New York and Raleigh, North Carolina.

Bottom line

New York City is approximately 39% more expensive than Raleigh. A single person needs about $5,319/mo in New York City versus $3,827/mo in Raleigh.

Rent in New York City vs Raleigh

HUD Fair Market Rents by bedroom count.

New York City · Studio

$2,406

Raleigh · Studio

$1,533

New York City is $873 (57%) higher than Raleigh

New York City · 1 bedroom

$2,511

Raleigh · 1 bedroom

$1,592

New York City is $919 (58%) higher than Raleigh

New York City · 2 bedroom

$2,780

Raleigh · 2 bedroom

$1,763

New York City is $1,017 (58%) higher than Raleigh

New York City · 3 bedroom

$3,465

Raleigh · 3 bedroom

$2,192

New York City is $1,273 (58%) higher than Raleigh

Income & earnings in New York City vs Raleigh

Annual figures from Census ACS.

New York City · Household income

$104,553

Raleigh · Household income

$101,763

New York City is $2,790 (3%) higher than Raleigh

New York City · Individual earnings

$75,255

Raleigh · Individual earnings

$54,712

New York City is $20,543 (38%) higher than Raleigh

New York City · Per capita

$94,922

Raleigh · Per capita

$52,949

New York City is $41,973 (79%) higher than Raleigh

Home values in New York City vs Raleigh

Average values and property tax.

New York City · Average home value

$1,108,900

Raleigh · Average home value

$422,800

New York City is $686,100 (162%) higher than Raleigh

New York City · Annual property tax

$10,001

Raleigh · Annual property tax

$3,023

New York City is $6,978 (231%) higher than Raleigh

Energy in New York City vs Raleigh

Estimated monthly electricity and gas.

New York City · Monthly electricity

$140

Raleigh · Monthly electricity

$147

Raleigh is $7 (5%) higher than New York City

New York City · Monthly gas

$68

Raleigh · Monthly gas

$40

New York City is $28 (70%) higher than Raleigh

New York City · Annual total

$2,496

Raleigh · Annual total

$2,244

New York City is $252 (11%) higher than Raleigh

Healthcare in New York City vs Raleigh

Marketplace premium estimates and coverage rate.

New York City · Individual premium

$480

Raleigh · Individual premium

$480

New York City and Raleigh are about the same

New York City · Family premium

$1,350

Raleigh · Family premium

$1,350

New York City and Raleigh are about the same

New York City · Uninsured rate

4.3%

Raleigh · Uninsured rate

8.2%

Raleigh is 3.9% (91%) higher than New York City

Taxes in New York City vs Raleigh

State income and sales tax.

New York City · State income tax

10.9%

Raleigh · State income tax

4.5%

New York City is 6.4% (142%) higher than Raleigh

New York City · State sales tax

4.0%

Raleigh · State sales tax

4.8%

Raleigh is 0.8% (19%) higher than New York City

New York City · Combined sales tax

8.5%

Raleigh · Combined sales tax

7.0%

New York City is 1.5% (22%) higher than Raleigh

Transportation in New York City vs Raleigh

Commute time and travel modes.

New York City · Average commute

31.4 min

Raleigh · Average commute

25.3 min

New York City is 6.1 min (24%) higher than Raleigh

New York City · Drive alone

5.7%

Raleigh · Drive alone

64.4%

Raleigh is 58.7% (1030%) higher than New York City

New York City · Public transit

45.5%

Raleigh · Public transit

0.7%

New York City is 44.8% (6400%) higher than Raleigh

Monthly cost estimates in New York City vs Raleigh

All categories combined.

New York City · Single person

$5,319

Raleigh · Single person

$3,827

New York City is $1,492 (39%) higher than Raleigh

New York City · Couple

$6,684

Raleigh · Couple

$5,526

New York City is $1,158 (21%) higher than Raleigh

New York City · Family

$9,554

Raleigh · Family

$8,087

New York City is $1,467 (18%) higher than Raleigh

Frequently asked questions

Common questions comparing New York City and Raleigh.

Is New York City or Raleigh more expensive?

New York City is more expensive overall. A single person needs approximately $5,319/mo in New York City, New York and $3,827/mo in Raleigh, North Carolina, a difference of about 39%.

What is the rent difference between New York City and Raleigh?

Average one-bedroom rent in New York City, New York is $2,511/mo versus $1,592/mo in Raleigh, North Carolina. New York City is approximately $919 (58%) more expensive for a one-bedroom apartment.

Which has higher income, New York City or Raleigh?

New York City has the higher average household income. New York City households earn approximately $104,553 per year; Raleigh households earn approximately $101,763 per year.

More on New York City and Raleigh

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

New York City profile Raleigh profile Compare different areas

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.