Detroit, MI vs Raleigh, NC
Cost of Living Comparison
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Equivalent Salary
$100,000 in Detroit, MI = $99,982 in Raleigh, NC
Buying power is -0.0% lower in Raleigh, NC
Median Rent
$1,034 vs $1,468
42.0% higher in Raleigh, NC
Median Income
$39,575 vs $82,424
108.3% higher in Raleigh, NC
Home Value
$76,800 vs $377,800
391.9% higher in Raleigh, NC
Price Level
98.0 vs 98.0
US avg = 100
Salary Needed for Median Rent
$41,400 vs $58,700
30% of gross income guideline
Rent as % of Income
31.4% vs 21.4%
Lower is more affordable