Quick answer
Overall prices in the New York, NY metro were 112.6 vs 98.2 in Raleigh, NC in 2024 (US = 100), so New York is 14.7% more expensive than Raleigh; housing rents differ by 44% (148.6 vs 103.5). A $75,000 income in New York buys about what $65,401 buys in Raleigh, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | New York | Raleigh | New York vs Raleigh |
|---|---|---|---|
| All items | 112.6 | 98.2 | +14.7% |
| Goods | 110.3 | 96.6 | +14.1% |
| Housing (rents) | 148.6 | 103.5 | +43.6% |
| Utilities | 127.0 | 89.0 | +42.8% |
| Other services | 105.8 | 98.2 | +7.8% |
| All items, 2008 | 113.5 | 97.0 | +17.0% |
| $50,000 in New York equals in Raleigh | $43,601 | ||
| $100,000 in New York equals in Raleigh | $87,202 | ||
| $150,000 in New York equals in Raleigh | $130,803 |
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Last updated 2026-10-16. Data only, not financial or tax advice.