Boston vs. Raleigh: Salary & Cost of Living

Raleigh’s Research Triangle has drawn professionals from the Northeast with far lower costs. Here is what a $170,000 Boston salary is worth in Raleigh once housing, goods, and state taxes are accounted for.

Equivalent salary

A $170,000 salary in Boston is worth about $101,853 in Raleigh to maintain the same standard of living.

CategoryBostonRaleighDifference
Housing22092-58%
Utilities14497-33%
Transportation15497-37%
Groceries13598-27%
Healthcare12898-23%
Childcare16996-43%
Dining Out15796-39%
Entertainment15097-35%
Insurance13898-29%
Consumer Goods13298-26%

State income tax: Boston 5% vs. Raleigh 4.5%.

Median rent (2BR): $3,850 in Boston vs. $1,610 in Raleigh. Median home price: $924,000 vs. $386,000.

Raleigh is about 40% cheaper than Boston. Keeping your current salary there delivers a real purchasing-power gain of roughly $68,147 a year.

Frequently Asked Questions

Is Raleigh cheaper than Boston?
Yes, substantially — mostly because of housing. Raleigh’s cost of living is far below Boston’s, and North Carolina’s flat income tax is lower than Massachusetts’ rate.
What salary do I need in Raleigh to match Boston?
You can preserve your Boston standard of living on a much lower salary in Raleigh. Model your exact equivalent number with the calculator above.

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