Cost of living compared
On a $60,000 salary, Raleigh leaves you about $544 more a month than New York after taxes, rent, commuting and everyday costs. Over 5 years that is roughly $38K more saved.
| New York, NY | Raleigh, NC | |
|---|---|---|
| Take-home pay | $3,795 | $4,016 |
| Federal income tax | $418 | $418 |
| State and local income tax | $405 | $183 |
| Rent (median) | $1,779 | $1,468 |
| Commute | $132 | $585 |
| Everyday costs | $1,920 | $1,455 |
| Left over each month | −$36 | $508 |
| Savings after 5 years | $11,688 | $49,663 |
| New York | Raleigh | |
|---|---|---|
| Cost of living (US average = 100, excluding rent) | 128 | 97 |
| Transit score (100 = car-free is easy) | 95 | 25 |
| Average summer high | 89°F | 91°F |
| Average winter low | 22°F | 29°F |
| Rainy days a year | 118 | 117 |
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