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Cost of living compared

Raleigh vs Charlotte

On a $150,000 salary, Raleigh and Charlotte leave you about the same each month after taxes, rent, commuting and everyday costs.

Each month on $150,000 a year

Raleigh, NCCharlotte, NC
Take-home pay$9,000$9,000
Federal income tax$2,061$2,061
State and local income tax$482$482
Rent (median)$1,468$1,504
Commute$585$585
Everyday costs$1,455$1,455
Left over each month$5,492$5,456
Savings after 5 years$405,403$402,956

The places

RaleighCharlotte
Cost of living (US average = 100, excluding rent)9797
Transit score (100 = car-free is easy)2530
Average summer high91°F93°F
Average winter low29°F28°F
Rainy days a year117115

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How this was worked out

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