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Cost of living: Raleigh, NC vs Buffalo, NY (2024)

Quick answer

Overall prices in the Raleigh, NC metro were 98.2 vs 95.8 in Buffalo, NY in 2024 (US = 100), so Raleigh is 2.4% more expensive than Buffalo; housing rents differ by 28% (103.5 vs 81.0). A $75,000 income in Raleigh buys about what $73,233 buys in Buffalo, 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)RaleighBuffaloRaleigh vs Buffalo
All items98.295.8+2.4%
Goods96.699.7-3.1%
Housing (rents)103.581.0+27.8%
Utilities89.0129.5-31.3%
Other services98.297.8+0.4%
All items, 200897.097.0-0.0%
$50,000 in Raleigh equals in Buffalo$48,822
$100,000 in Raleigh equals in Buffalo$97,644
$150,000 in Raleigh equals in Buffalo$146,465

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

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