Moving from Raleigh to Carmel (2026)

Carmel has a COL index of 98 vs 101 for Raleigh (100 = US average). You'd pay about 3% less for the same lifestyle.

Save ~$265/mo
on core expenses · $75K salary baseline

Key differences

COL index
10198
100 = US avg
1BR rent
$1,700$1,450
per month
State tax
4.5%3.2%
income tax
Take-home at $75K
$4,459$4,541
per month

Salary needed in Carmel to match your Raleigh lifestyle

Based on the 3% cost of living decrease between the two cities.

Your salary in RaleighEquivalent in Carmel
$40K$38,812
$50K$48,515
$60K$58,218
$75K$72,772
$80K$77,624
$100K$97,030
$120K$116,436
$150K$145,545

Monthly budget at $75K — Raleigh vs Carmel

ExpenseRaleighCarmel
Monthly take-home$4,459$4,541
1BR rent$1,700$1,450
Groceries$365$376
Transport$70$40
Utilities$150$152
Internet$60$62
Left after essentials$2,114$2,461

Frequently asked questions

Is Carmel cheaper than Raleigh?

Yes. Carmel has a cost of living index of 98 vs 101 for Raleigh (100 = US average). That's about 3% cheaper.

How much will I save moving from Raleigh to Carmel?

On a $75K salary, moving from Raleigh to Carmel could save roughly $265/month on core expenses. That's ~$3,180/year.

What salary do I need in Carmel to match my Raleigh lifestyle?

To maintain the same purchasing power as $75,000 in Raleigh, you'd need roughly $72,772/year in Carmel. This is based on the overall COL index difference between the two cities.

Estimates based on Q1 2026 COL index and market data. Budget uses simplified federal/state tax rates at $75K. Zillow · BLS · Numbeo · For general guidance only