Quick answer
Overall prices in the Philadelphia, PA metro were 102.6 vs 98.2 in Raleigh, NC in 2024 (US = 100), so Philadelphia is 4.5% more expensive than Raleigh; housing rents differ by 9% (113.1 vs 103.5). A $75,000 income in Philadelphia buys about what $71,784 buys in Raleigh, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Philadelphia | Raleigh | Philadelphia vs Raleigh |
|---|---|---|---|
| All items | 102.6 | 98.2 | +4.5% |
| Goods | 96.8 | 96.6 | +0.2% |
| Housing (rents) | 113.1 | 103.5 | +9.3% |
| Utilities | 114.4 | 89.0 | +28.6% |
| Other services | 103.1 | 98.2 | +5.0% |
| All items, 2008 | 106.4 | 97.0 | +9.7% |
| $50,000 in Philadelphia equals in Raleigh | $47,856 | ||
| $100,000 in Philadelphia equals in Raleigh | $95,713 | ||
| $150,000 in Philadelphia equals in Raleigh | $143,569 |
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Last updated 2026-10-16. Data only, not financial or tax advice.