🇺🇸 US

Cost of living: Austin, TX vs Raleigh, NC (2024)

Quick answer

Overall prices in the Austin, TX metro were 98.1 vs 98.2 in Raleigh, NC in 2024 (US = 100), so Austin is 0.1% less expensive than Raleigh; housing rents differ by 16% (120.4 vs 103.5). A $75,000 income in Austin buys about what $75,070 buys in Raleigh, per BEA.

✓ U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Price index (US = 100)AustinRaleighAustin vs Raleigh
All items98.198.2-0.1%
Goods93.896.6-3.0%
Housing (rents)120.4103.5+16.3%
Utilities82.089.0-7.8%
Other services96.298.2-2.0%
All items, 200899.697.0+2.7%
$50,000 in Austin equals in Raleigh$50,046
$100,000 in Austin equals in Raleigh$100,093
$150,000 in Austin equals in Raleigh$150,139

Related

Last updated 2026-10-16. Data only, not financial or tax advice.

More on this