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Boston, MA vs Raleigh, NC

160
Boston
Massachusetts
VS
+45.9%
110
Raleigh
North Carolina

The cost of living difference between Boston, MA and Raleigh, NC is dramatic. Raleigh is 45.9% cheaper than Boston, a gap that translates to thousands of dollars per year in household expenses. Boston has a cost index of 160 while Raleigh sits at 110, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Boston is $2,093/month compared to $1,468/month in Raleigh — a 43% difference. Home values follow the same pattern: Raleigh is more affordable at $377,800 median vs $710,400.

Median household income in Boston is $94,755 compared to $82,424 in Raleigh (+15%). Boston does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Boston spend roughly 26.5% of their income on rent, more than the 21.4% in Raleigh.

Income & Cost

Cost of Living Index
Boston
160
Raleigh
110
31% cheaper
Median Household Income
Boston
$94,755
13% higher
Raleigh
$82,424

Housing

Median Rent
Boston
$2,093
Raleigh
$1,468
30% cheaper
Median Home Value
Boston
$710,400
Raleigh
$377,800
47% cheaper
Population
Boston
663,972
Raleigh
470,763

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Formula:

Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Boston $3.09
Raleigh $2.97
US $3.07
🥚
Eggs (grade A, large)
Boston $2.52
Raleigh $2.42
US $2.50
🥛
Milk (whole)
Boston $4.06
Raleigh $3.90
US $4.03
🍞
Bread (white)
Boston $1.87
Raleigh $1.79
US $1.85
🍗
Chicken breast
Boston $4.18
Raleigh $4.01
US $4.14
Electricity
Boston $0.33
Raleigh $0.16
US $0.19