Cost of Living: Raleigh vs Philadelphia (2026)
Raleigh has a 6% lower overall cost of living than Philadelphia as of Q1 2026. A one-bedroom apartment runs $1,700/mo in Raleigh vs $2,000/mo in Philadelphia — a 15% difference. Philadelphia has a lower state income tax rate (3.1% vs 4.5%), which adds up over time.
- Raleigh is 6% cheaper overall (COL index: 101 vs 107)
- 1BR rent: $1,700/mo in Raleigh vs $2,000/mo — 15% savings
- Higher median household income: Raleigh ($70,000/yr vs $55,000/yr)
- Median home price: $290,000 in Philadelphia vs $380,000 — 24% difference
| Category | Raleigh North Carolina | Philadelphia Pennsylvania |
|---|---|---|
| 🏠 HousingQ1 2026 | ||
| Studio rent/mo | $1,400Best | $1,600 |
| 1BR rent/mo | $1,700Best | $2,000 |
| 2BR rent/mo | $2,200Best | $2,600 |
| Median home price | $380K | $290KBest |
| 🛒 Food & GroceriesQ1 2026 | ||
| Groceries index (100 = US avg) | 96Best | 103 |
| Budget meal (1 person) | $13Best | $15 |
| Mid-range dinner (2) | $55Best | $60 |
| 🚌 TransportationQ1 2026 | ||
| Monthly transit pass/mo | $70Best | $96 |
| Gas price/gal | $3.10Best | $3.30 |
| Car insurance/mo | $145Best | $175 |
| ⚡ UtilitiesQ1 2026 | ||
| Monthly utilities bundle/mo | $150Best | $160 |
| Internet/mo | $60Best | $65 |
| 💰 Income & TaxesQ1 2026 | ||
| Median household income/yr | $70KBest | $55K |
| State income tax% | 4.5% | 3.1%Best |
| Sales tax (combined)% | 7.5%Best | 8.0% |
| 🎬 LeisureQ1 2026 | ||
| Movie ticket | $15.00Best | $16.00 |
| Gym membership/mo | $40Best | $45 |
| Beer at restaurant | $6.00Best | $7.00 |
| 📊 OverviewQ1 2026 | ||
| Overall COL index (100 = US avg) | 101Best | 107 |
| Walk score / 100 | 26 | 76Best |
Frequently asked questions
Is Raleigh cheaper than Philadelphia?
Yes. Raleigh is 6% cheaper than Philadelphia based on overall cost of living indices (101 vs 107, where 100 = US average).
What is the average rent in Raleigh vs Philadelphia?
As of Q1 2026, the median 1-bedroom rent in Raleigh is $1,700/month and in Philadelphia is $2,000/month. Raleigh is cheaper by 15%.
How much do I need to earn in Philadelphia to match a $75,000 salary in Raleigh?
To maintain a similar lifestyle, you would need approximately $79,455/year in Philadelphia to match a $75,000 salary in Raleigh. This estimate is based on overall cost of living indices and does not account for individual spending patterns.
Which city has lower taxes — Raleigh or Philadelphia?
Philadelphia has the lower state income tax rate at 3.1% vs 4.5%. The difference is 1.4 percentage points. Note that sales tax and local taxes also vary — see the full breakdown in the table above.
Is it worth moving from Raleigh to Philadelphia?
It depends on your priorities. Raleigh offers lower overall costs, but both cities have different job markets, weather, and lifestyle trade-offs. Use the comparison table above to evaluate rent, groceries, transportation, and income potential side by side based on your specific budget.
Data sourced from Zillow, BLS, Numbeo, Tax Foundation, and US Census ACS · Updated Q1 2026 · For general guidance only
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