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Cost of living: Portland, OR vs Raleigh, NC (2024)

Quick answer

Overall prices in the Portland, OR metro were 105.4 vs 98.2 in Raleigh, NC in 2024 (US = 100), so Portland is 7.4% more expensive than Raleigh; housing rents differ by 21% (125.1 vs 103.5). A $75,000 income in Portland buys about what $69,832 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)PortlandRaleighPortland vs Raleigh
All items105.498.2+7.4%
Goods105.296.6+8.9%
Housing (rents)125.1103.5+20.9%
Utilities107.089.0+20.2%
Other services100.198.2+2.0%
All items, 200898.797.0+1.8%
$50,000 in Portland equals in Raleigh$46,555
$100,000 in Portland equals in Raleigh$93,110
$150,000 in Portland equals in Raleigh$139,664

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

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