Raleigh-Cary vs Charlotte-Concord-Gastonia

Cost of living comparison based on BEA Regional Price Parities. Charlotte-Concord-Gastonia is 0.8% less expensive than Raleigh-Cary.

0.8% less expensive

Charlotte-Concord-Gastonia, NC-SC is 0.8% less expensive than Raleigh-Cary, NC on BEA Regional Price Parities (overall RPP 97.3 vs 98.2). A $100,000 salary in Raleigh-Cary buys about the same as $99,176 in Charlotte-Concord-Gastonia; the largest component gap is rents.

  • Overall RPP 98.2 (Raleigh-Cary) vs 97.3 (Charlotte-Concord-Gastonia)
  • $100k in Raleigh-Cary ≈ $99,176 purchasing power in Charlotte-Concord-Gastonia
  • Rents drives the gap (-5.8 RPP points)

RPP parity plate

Pair NC:NC 98.2→97.3

PHOTO-FINISH · SAME-STATE · SPLIT-BUDGET · BOTH-BELOW · PP-PAR

  • PHOTO-FINISH Photo finish
  • SAME-STATE Same state · NC
  • SPLIT-BUDGET Split budget
  • BOTH-BELOW Both below 100
  • PP-PAR PP near-par

Instrument codes from this pair's BEA Regional Price Parities (overall · goods · services · rents · national benchmark 100 · purchasing-power conversion), not a ranking or recommendation.

Raleigh-Cary
98.2
Cost Index
Charlotte-Concord-Gastonia
97.3
Cost Index

What This Comparison Actually Tells You

Raleigh-Cary, NC and Charlotte-Concord-Gastonia, NC-SC are a photo finish on overall price level, only 0.8 RPP points apart. A salary conversion is therefore a fine adjustment, not evidence of a fundamentally different cost regime.

Rents creates the largest separation: Charlotte-Concord-Gastonia is 5.8 points lower. But services move against the overall direction, so this is a split budget rather than a clean across-the-board winner.

Comparable population context is incomplete for this pair, so no market-scale explanation is inferred from the price indexes.

Both metros remain below the U.S. benchmark of 100. This comparison chooses between two below-average price levels; “more expensive” here does not mean nationally expensive.

For a housing-sensitive move, validate the rent gap first: HUD Fair Market Rent and the actual unit size can overturn what the blended index implies. On the BEA ratio alone, $100,000 in Raleigh-Cary corresponds to $99,176 in Charlotte-Concord-Gastonia.

Category Breakdown

Visual Comparison

Overall
Raleigh-Cary
98.2
Charlotte-Concord-Gastonia
97.3
Goods
Raleigh-Cary
96.6
Charlotte-Concord-Gastonia
96.6
Services
Raleigh-Cary
89.0
Charlotte-Concord-Gastonia
89.2
Rents
Raleigh-Cary
103.5
Charlotte-Concord-Gastonia
97.6

Vertical line = national average (100)

Salary Equivalents

What a salary in Raleigh-Cary would need to be in Charlotte-Concord-Gastonia for the same purchasing power:

In Raleigh-Cary In Charlotte-Concord-Gastonia Difference
$50,000 $49,588 $-412
$75,000 $74,382 $-618
$100,000 $99,176 $-824
$150,000 $148,764 $-1,236
$ in Raleigh-Cary = in Charlotte-Concord-Gastonia

Same BEA Regional Price Parity ratio as the table above (98.2 → 97.3), computed live from your number, nothing is sent anywhere.

Frequently Asked Questions

Is Charlotte-Concord-Gastonia more expensive than Raleigh-Cary?

Charlotte-Concord-Gastonia is 0.8% less expensive than Raleigh-Cary. The overall cost index is 97.3 vs 98.2 (national average = 100).

What salary in Charlotte-Concord-Gastonia equals $100K in Raleigh-Cary?

A $100,000 salary in Raleigh-Cary has the same purchasing power as $99,176 in Charlotte-Concord-Gastonia. This is based on the BEA Regional Price Parity indexes.

How do rents compare between Raleigh-Cary and Charlotte-Concord-Gastonia?

Rents in Raleigh-Cary are indexed at 103.5 while Charlotte-Concord-Gastonia is at 97.6 (national average = 100). Raleigh-Cary has higher rents.

Data sourced from official public datasets, Regional Price Parities (2024), index where national average = 100. Retrieved and formatted by PlainCost. See our methodology for details.

Every figure on PlainCost is rendered directly from BEA Regional Price Parity source data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, our changelog, or report a data error. Data current as of 2026-08-11. Rankings measure the published cost-of-living index only; we don't recommend where to live or rate any metro's quality of life.