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Cost of living: Charlotte, NC vs Raleigh, NC (2024)

Quick answer

Overall prices in the Charlotte, NC metro were 97.3 vs 98.2 in Raleigh, NC in 2024 (US = 100), so Charlotte is 0.8% less expensive than Raleigh; housing rents differ by 6% (97.6 vs 103.5). A $75,000 income in Charlotte buys about what $75,623 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)CharlotteRaleighCharlotte vs Raleigh
All items97.398.2-0.8%
Goods96.696.6-0.0%
Housing (rents)97.6103.5-5.6%
Utilities89.289.0+0.2%
Other services98.298.2+0.0%
All items, 200895.397.0-1.8%
$50,000 in Charlotte equals in Raleigh$50,416
$100,000 in Charlotte equals in Raleigh$100,831
$150,000 in Charlotte equals in Raleigh$151,247

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

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