Quick answer
Overall prices in the Providence, RI metro were 101.8 vs 98.2 in Raleigh, NC in 2024 (US = 100), so Providence is 3.7% more expensive than Raleigh; housing rents differ by 0% (103.9 vs 103.5). A $75,000 income in Providence buys about what $72,335 buys in Raleigh, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Providence | Raleigh | Providence vs Raleigh |
|---|---|---|---|
| All items | 101.8 | 98.2 | +3.7% |
| Goods | 97.1 | 96.6 | +0.5% |
| Housing (rents) | 103.9 | 103.5 | +0.4% |
| Utilities | 148.8 | 89.0 | +67.3% |
| Other services | 102.3 | 98.2 | +4.2% |
| All items, 2008 | 103.7 | 97.0 | +6.9% |
| $50,000 in Providence equals in Raleigh | $48,223 | ||
| $100,000 in Providence equals in Raleigh | $96,447 | ||
| $150,000 in Providence equals in Raleigh | $144,670 |
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Last updated 2026-10-16. Data only, not financial or tax advice.