Mid-Size City467,665 people

Raleigh, NC

Discover how far your salary goes in Raleigh. Compare taxes, rent, and living costs.

Cost Index
114
⚖️ Average
Population

467,665

State Tax

5.3%

1BR Rent

$1,529

/month

vs National

+9%

above avg

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Rent Prices in Raleigh

🏠

Studio

$1,223

/month

$14,676/year

Most Common
🛏️

1 Bedroom

$1,529

/month

$18,348/year

🏡

2 Bedroom

$2,065

/month

$24,780/year

🏘️

3 Bedroom

$2,677

/month

$32,124/year

Taxes in North Carolina

State Income Tax

North Carolina

5.3%

For a $100k salary, that's ~$5,250/year in state taxes.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Raleigh, NC?

Raleigh has a cost of living index of 114, which is 14% above the national average. A 1-bedroom apartment costs around $1,529/month.

What is the state income tax in North Carolina?

North Carolina has a state income tax rate of approximately 5.3%. This is in addition to federal income tax.

How much is rent in Raleigh?

The median rent for a 1-bedroom apartment in Raleigh is $1,529/month. For a 2-bedroom, expect to pay around $2,065/month. This is 9% above the national average.

Is Raleigh a good place to live?

Raleigh is a mid-size city with a population of 467,665. The cost of living is average, making it about average cost for the US.

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