Is Raleigh expensive to live in?
Median income: $72,571. Median rent: $1,450. Median home price: $400,000.
Relocation guide · North Carolina
Raleigh, NC city guide. Population is 467,665. Median household income is $72,571. Median rent is $1,450.
Median Rent
$1,450/mo
Median Income
$72,571
State Tax
4.75%
Population
467,665
Cost of living
Median income: $72,571. Median rent: $1,450. Median home price: $400,000.
Median Rent/mo
$1,450
Median Home Price
$400,000
Median Income
$72,571
Rent-to-Income
24%
Taxes
State tax rate: 4.75%. Local tax rate: 7.25%.
State Income Tax
4.75%
Local Tax Rate
7.25%
Climate
Average high: 71°F. Average low: 50°F. Annual rainfall: 46 inches. Sunny days: 213.
Avg High Temp
71°F
Avg Low Temp
50°F
Sunny Days/yr
213
Annual Rainfall
46"
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Median income: $72,571. Median rent: $1,450. Median home price: $400,000.
The median rent in Raleigh is $1,450/month. Median home price is $400,000. Many newcomers rent for the first year to learn the neighborhoods before buying.
State tax rate: 4.75%. Local tax rate: 7.25%.
Raleigh, NC city guide. Population is 467,665. Median household income is $72,571. Median rent is $1,450.
Research neighborhoods carefully — Raleigh has significant variation in cost and lifestyle by area.
Data sourced from U.S. Census Bureau, Bureau of Labor Statistics, and NOAA. Updated 2026.