Raleigh-Cary vs Salem

Cost of living comparison based on BEA Regional Price Parities. Salem is 5.6% more expensive than Raleigh-Cary.

5.6% more expensive

Salem, OR is 5.6% more expensive than Raleigh-Cary, NC on BEA Regional Price Parities (overall RPP 103.6 vs 98.2). A $100,000 salary in Raleigh-Cary buys about the same as $105,595 in Salem; the largest component gap is services.

  • Overall RPP 98.2 (Raleigh-Cary) vs 103.6 (Salem)
  • $100k in Raleigh-Cary ≈ $105,595 purchasing power in Salem
  • Services drives the gap (+15.7 RPP points)

RPP parity plate

Pair NC:OR 98.2→103.6

TIER-NEAR · CROSS-STATE · SERVICES-LED · BENCH-CROSS · PP-SHIFT

  • TIER-NEAR Near tier
  • CROSS-STATE NC × OR
  • SERVICES-LED Services-led gap
  • BENCH-CROSS Benchmark cross
  • PP-SHIFT PP shift

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.

What This Comparison Actually Tells You

Salem, OR is 5.6% more expensive than Raleigh-Cary, NC, a meaningful but not extreme shift. The move decision turns on which budget category creates the 5.5-point overall gap.

This route crosses the national benchmark: Salem is above 100 while Raleigh-Cary is below it. That makes the move a change of price regime, not merely a rank swap.

Services leads the difference, with Salem 15.7 points higher than Raleigh-Cary. Goods, services, and rents all point in the same broad direction, making the headline comparison more transferable across household types.

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

For a service-heavy household, test childcare, health, and other locally supplied costs before relying on rent alone. The BEA ratio converts $100,000 in Raleigh-Cary to $105,595 in Salem, but it is not a personal spending weight.

How the Price Gap Changed

Raleigh-Cary and Salem share 17 published annual releases from 2008 through 2024. Their overall gap widened, moving from 2.9 to 5.5 RPP points. Salem remained the higher-index metro in the latest release.

Rents changed the most within this pair: its gap moved 17.1 points between the first and latest shared releases (10.2 to 6.9 points). This describes a relative price-index history, not a forecast or a household budget.

Release Year Raleigh-Cary RPP Salem RPP Relative Gap
2008 97.0 94.1 2.9 points Raleigh-Cary higher
2012 98.0 101.1 3.1 points Salem higher
2016 99.3 97.1 2.2 points Raleigh-Cary higher
2020 95.4 100.9 5.5 points Salem higher
2024 98.2 103.6 5.5 points Salem higher

Annual BEA Regional Price Parity releases; a higher index means a higher price level relative to the national average of 100. Selected years shown from the full shared series.

Category Breakdown

Visual Comparison

Overall
Raleigh-Cary
98.2
Salem
103.6
Goods
Raleigh-Cary
96.6
Salem
105.3
Services
Raleigh-Cary
89.0
Salem
104.7
Rents
Raleigh-Cary
103.5
Salem
110.3

Vertical line = national average (100)

Salary Equivalents

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

In Raleigh-Cary In Salem Difference
$50,000 $52,798 +$2,798
$75,000 $79,196 +$4,196
$100,000 $105,595 +$5,595
$150,000 $158,393 +$8,393
$ in Raleigh-Cary = in Salem

Same BEA Regional Price Parity ratio as the table above (98.2 → 103.6), computed live from your number, nothing is sent anywhere.

Raleigh-Cary
98.2
Cost Index
Salem
103.6
Cost Index

Frequently Asked Questions

Is Salem more expensive than Raleigh-Cary?

Salem is 5.6% more expensive than Raleigh-Cary. The overall cost index is 103.6 vs 98.2 (national average = 100).

What salary in Salem equals $100K in Raleigh-Cary?

A $100,000 salary in Raleigh-Cary has the same purchasing power as $105,595 in Salem. This is based on the BEA Regional Price Parity indexes.

How do rents compare between Raleigh-Cary and Salem?

Rents in Raleigh-Cary are indexed at 103.5 while Salem is at 110.3 (national average = 100). Salem 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.