Miami, FL vs Raleigh, NC
Cost of Living Comparison
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Equivalent Salary
$100,000 in Miami, FL = $87,628 in Raleigh, NC
Buying power is -12.4% lower in Raleigh, NC
Median Rent
$1,657 vs $1,468
-11.4% lower in Raleigh, NC
Median Income
$59,390 vs $82,424
38.8% higher in Raleigh, NC
Home Value
$475,200 vs $377,800
-20.5% lower in Raleigh, NC
Price Level
111.8 vs 98.0
US avg = 100
Salary Needed for Median Rent
$66,300 vs $58,700
30% of gross income guideline
Rent as % of Income
33.5% vs 21.4%
Lower is more affordable