Cost of Living Analytics

Cost of Living / Raleigh–Cary, NC Metro

Cost of Living in Raleigh–Cary, NC Metro

Official metro name: Raleigh-Cary, NC Metro Area

Raleigh–Cary, NC Metro has a population of 1,420,825. Median household income is $91,818 and median rent is $1,366 per month. Rent is roughly 17.9% of median monthly income.

State: NCPopulation: 1,420,825Income: $91,818Rent: $1,366Affordability: Affordable (17.9%)
Median Household Income
$91,818
Annual (ACS median)
Median Rent
$1,366
Monthly (ACS median gross rent)
Rent as % of Income
17.9%
rent ÷ (income/12)
Cost Index
122
Simplified relative index

Is Raleigh–Cary, NC Metro expensive?

Based on median rent and income, Raleigh–Cary, NC Metro has a Affordable rent burden. Median rent is $1,366, which is about 17.9% of median monthly household income.

Average rent in Raleigh–Cary, NC Metro

Median rent (ACS) is $1,366 per month. (Neighborhoods vary widely.)

How much income do you need in Raleigh–Cary, NC Metro?

Median household income (ACS) is $91,818 per year. Housing costs take a bigger share of income when rent burden is high.

Other metros in NC

Compare Raleigh–Cary, NC Metro with nearby metros:

Data sources

  • US Census Bureau American Community Survey (ACS).
  • Affordability metric: median rent ÷ (median household income / 12).
  • Figures are metro-level medians; local variation is expected.