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Cost of living compared

Raleigh vs Austin

On a $150,000 salary, Austin leaves you about $235 more a month than Raleigh after taxes, rent, commuting and everyday costs. Over 5 years that is roughly $18K more saved.

Each month on $150,000 a year

Raleigh, NCAustin, TX
Take-home pay$9,000$9,483
Federal income tax$2,061$2,061
State and local income tax$482$0
Rent (median)$1,468$1,655
Commute$585$585
Everyday costs$1,455$1,515
Left over each month$5,492$5,727
Savings after 5 years$405,403$423,375

The places

RaleighAustin
Cost of living (US average = 100, excluding rent)97101
Transit score (100 = car-free is easy)2535
Average summer high91°F97°F
Average winter low29°F39°F
Rainy days a year11794

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How this was worked out

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