Loading
Assembling your view…
Crunching costs, sorting signals, rendering insights.
Crunching costs, sorting signals, rendering insights.
Moving to Raleigh looks like a financial upgrade — better income-to-cost ratio.
Raleigh has a cost index of 105 vs 115 for Reno. Raleigh is 10 points cheaper overall. Monthly rent goes from $1,830 to $1,567 (-14%).
If you earn the Reno median of $78,448, you would need approximately $71,626/year in Raleigh to maintain equivalent purchasing power, based on the cost index difference of 10 points (9%).
Median rent in Reno is $1,830/month. In Raleigh it is $1,567/month — a difference of $263 per month, or $3,156 per year.
Moving to Raleigh looks like a financial upgrade — better income-to-cost ratio. The salary equivalent to maintain your current lifestyle is $71,626/year in Raleigh. The median income there is $82,424.
Estimated monthly essentials total $4,001 in Reno vs $3,561 in Raleigh — a difference of $440/month ($5,280/year).
The median home price in Raleigh is $428,831 vs $559,591 in Reno. With 20% down and a 6.5% rate, the estimated monthly mortgage payment is $2,168 in Raleigh vs $2,830 in Reno.