CostByCity

Chicago, IL vs Raleigh, NC

Cost of Living Comparison

Raleigh, NC is more affordable by 5.4 index points

Side-by-Side Comparison

CategoryChicago, ILRaleigh, NCDifference
Overall103.698.2+5.4
Housing112.0103.5+8.5
Goods107.396.6+10.6
Utilities83.689.0-5.4
Other Services100.598.2+2.3

Income & Housing Comparison

MetricChicago, ILRaleigh, NC
Median Household Income$85,087$91,818
Median Home Value$288,400$347,600
Median Monthly Rent$1,310$1,366
Per Capita Income$45,977$47,031

Frequently Asked Questions

Is Chicago, IL or Raleigh, NC cheaper to live in?
Raleigh, NC is more affordable. The cost of living difference is 5.4 index points (Chicago, IL: 103.6, Raleigh, NC: 98.2).
Where is housing cheaper, Chicago, IL or Raleigh, NC?
Housing is more affordable in Raleigh, NC. Housing index: Chicago, IL (112.0) vs Raleigh, NC (103.5).