Loading
Assembling your view…
Crunching costs, sorting signals, rendering insights.
Crunching costs, sorting signals, rendering insights.
Moving to Raleigh is roughly financially neutral — costs and incomes shift together.
Raleigh has a cost index of 105 vs 121 for Kent. Raleigh is 16 points cheaper overall. Monthly rent goes from $1,943 to $1,567 (-19%).
If you earn the Kent median of $90,416, you would need approximately $78,460/year in Raleigh to maintain equivalent purchasing power, based on the cost index difference of 16 points (13%).
Median rent in Kent is $1,943/month. In Raleigh it is $1,567/month — a difference of $376 per month, or $4,512 per year.
Moving to Raleigh is roughly financially neutral — costs and incomes shift together. The salary equivalent to maintain your current lifestyle is $78,460/year in Raleigh. The median income there is $82,424.
Estimated monthly essentials total $4,214 in Kent vs $3,561 in Raleigh — a difference of $653/month ($7,836/year).
The median home price in Raleigh is $428,831 vs $646,049 in Kent. With 20% down and a 6.5% rate, the estimated monthly mortgage payment is $2,168 in Raleigh vs $3,267 in Kent.