Quick answer
Overall prices in the Miami, FL metro were 114.2 vs 98.2 in Raleigh, NC in 2024 (US = 100), so Miami is 16.3% more expensive than Raleigh; housing rents differ by 50% (155.6 vs 103.5). A $75,000 income in Miami buys about what $64,489 buys in Raleigh, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Miami | Raleigh | Miami vs Raleigh |
|---|---|---|---|
| All items | 114.2 | 98.2 | +16.3% |
| Goods | 103.6 | 96.6 | +7.2% |
| Housing (rents) | 155.6 | 103.5 | +50.3% |
| Utilities | 97.2 | 89.0 | +9.3% |
| Other services | 109.1 | 98.2 | +11.1% |
| All items, 2008 | 106.5 | 97.0 | +9.8% |
| $50,000 in Miami equals in Raleigh | $42,993 | ||
| $100,000 in Miami equals in Raleigh | $85,986 | ||
| $150,000 in Miami equals in Raleigh | $128,979 |
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Last updated 2026-10-16. Data only, not financial or tax advice.