Cost of LivingUpdated 2026-11-11

Raleigh, North Carolina

Living in Raleigh, North Carolina is close to the national average, with a cost of living index of 102 (US = 100). Typical rent is $1,669 a month, 14% below the national figure of $1,932, and regular gas costs $3.23 a gallon versus $3.98 nationally as of November 11, 2026. Rent, gas, groceries, electricity and car insurance take about 30% of the area's $101,763 median household income.

Key Numbers

Gas (Regular)

$3.23

National: $3.98

โ†‘ 157.2%since 2000
โœ“ AAA Gas Prices

Avg Rent (All)

$1,669

National: $1,932

โ†‘ 11.3%since 2021
โœ“ Zillow ZORI Raleigh, NC metro (2026-09)

Grocery Inflation

1.77%

Year-over-year

โœ“ BLS/FRED CPI

Fast Food Avg

$13.00

Combo meal

โ†‘ 5.5%YoY

Electricity

14.95ยข

per kWh ยท ~$135/mo

โ†“ 18.9%vs US avg
โœ“ EIA Residential

Car Insurance

$140/mo

$1,680/yr

โ†“ 21.9%vs national avg
โœ“ Bankrate/NAIC

Median Household Income

$101,763

30.2% goes to essentials

โ†“ 30.2%cost burden
โœ“ Census ACS 2023
๐Ÿš—

Car Insurance

Avg $1,680 in Raleigh. Compare rates:

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Find Apartments

Avg rent $1,669/mo in Raleigh. Browse listings:

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Grocery Prices

Grocery Prices โ€” 2000 to Present

National BLS averages ยท submit local prices below โ†“

Eggs (dozen)

Bird flu volatility

$0.97 in 2000 โ†’ $2.32 BLS avg

+137.9%

Milk (gallon)

$2.79 in 2000 โ†’ $4.10 BLS avg

+47.3%

Ground Beef (lb)

$1.48 in 2000 โ†’ $6.75 BLS avg

+355.5%

Bread (loaf)

$0.91 in 2000 โ†’ $1.86 BLS avg

+105.2%

Chicken Breast (lb)

$1.06 in 2000 โ†’ $2.03 BLS avg

+91.3%

Butter (lb)

$3.98 BLS avg

-4.2% since 2018

Bacon (lb)

$2.75 in 2000 โ†’ $6.69 BLS avg

+143.1%

Cheddar Cheese (lb)

$3.84 in 2000 โ†’ $6.13 BLS avg

+59.6%

Pasta (lb)

$0.88 in 2000 โ†’ $1.38 BLS avg

+57.1%

Rice (5 lb)

$2.50 in 2000 โ†’ $5.50 BLS avg

+120.6%

Coffee (12 oz)

$2.65 in 2000 โ†’ $6.94 BLS avg

+161.3%

Orange Juice (64 oz)

Citrus shortage

$5.55 estimate

+47.6% since 2022

Potatoes (5 lb)

$1.96 in 2000 โ†’ $4.95 BLS avg

+152.6%

Apples (3 lb)

$5.25 estimate

+13.4% since 2022

Tomatoes (lb)

$1.44 in 2000 โ†’ $2.08 BLS avg

+44.4%

Lettuce (head)

$0.75 in 2000 โ†’ $1.96 BLS avg

+162.3%

Cooking Oil (48 oz)

$7.95 estimate

+41.7% since 2022

Yogurt (32 oz)

$5.16 estimate

+22.9% since 2022

Cereal (family size)

$6.26 estimate

+30.4% since 2022

Frozen Pizza

$9.12 estimate

+44.3% since 2022

Dining & Restaurants

Fast Food Meal

$13.00

Casual Dining

$25.00

Monthly Spend

$386.44

+5.47% YoY

Chain Restaurant Meal Prices โ€” 2022 vs. Today

Combo meal / typical order for one

McDonald's

2022: $8.22

$13.26

+61.3%

Wendy's

2022: $9.28

$14.32

+54.3%

Chipotle

2022: $9.95

$14.85

+49.2%

Starbucks

2022: $4.42

$6.14

+38.9%

Eating out more? Save on groceries with Ibotta and cook at home more often.

Looking for an Apartment in Raleigh?

Average 1BR: $1,369/mo ยท 2BR: $1,969/mo

Browse Raleigh Apartments โ†’

Local Workforce

2024 ยท BLS QCEW

Total Jobs

653k

Median Weekly Pay

$1,477

$77k/yr

Top Sector

Professional & Business Services

Household vs Worker Pay

$102k

household median

Employment by Sector โ€” Raleigh

% of local workforce ยท avg weekly wage ยท 5-year growth trend

Professional & Business Services
+15.2% 5yr$1,910/wk
21.0%

~$99k/yr

Trade, Transportation & Utilities
+12.6% 5yr$1,180/wk
17.2%

~$61k/yr

Education & Health Services
+22.0% 5yr$1,301/wk
13.8%

~$68k/yr

Leisure & Hospitality
+8.1% 5yr$534/wk
11.0%

~$28k/yr

Manufacturing
+28.9% 5yr$1,637/wk
7.0%

~$85k/yr

Source: BLS QCEW 2024 Annual ยท County FIPS 37183

Highest Paying Sector

Information

$2,871/wk ยท $149k/yr

Most Workers (lowest wage)

Leisure & Hospitality

$534/wk ยท $28k/yr

Raleigh Cost of Living FAQ

Is Raleigh, NC expensive to live in?

Raleigh has a cost of living index of 102, where 100 is the US average, so it is close to average. It is the most expensive of the 22 North Carolina cities we track.

What is the average rent in Raleigh, NC?

Typical rent in Raleigh is $1,669 a month for all home types as of September 2026, 14% below the national figure of $1,932. One bedroom units average about $1,369 and two bedrooms about $1,969. Source: Zillow Observed Rent Index for the metro area.

Is rent going up in Raleigh?

Rent in Raleigh rose 1.4% over the past year, slower than the 2.7% change nationally.

How much is gas in Raleigh?

Regular unleaded costs about $3.23 a gallon in Raleigh as of November 11, 2026, based on the AAA average for North Carolina. That is 19% below the national average of $3.98.

How much is electricity in Raleigh?

Homes in North Carolina pay an average of 14.9 cents per kWh (EIA), versus 18.4 cents nationally. At 900 kWh a month, a typical bill in Raleigh is about $135.

How much is car insurance in Raleigh?

Full coverage car insurance averages $1,680 a year in North Carolina, or about $140 a month (Bankrate and NAIC state average), compared with $2,150 a year nationally.

How much do you need to live in Raleigh?

Median household income in the Raleigh area is $101,763 (Census ACS 2023, county level). Rent, gas, groceries, electricity and car insurance add up to about $30,766 a year, or 30% of that income. Groceries are counted at $5,502 a year, the average household spend on food at home in the region (BLS Consumer Expenditure Survey).

How does Raleigh compare with the rest of North Carolina?

Rent in Raleigh is 9% above the $1,524 average across the 22 North Carolina cities we track, and its cost of living index of 102 compares with a state average of 95.

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