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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 97 for Tucson. Raleigh is 8 points more expensive overall. Monthly rent goes from $1,399 to $1,567 (+12%).
If you earn the Tucson median of $54,546, you would need approximately $59,045/year in Raleigh to maintain equivalent purchasing power, based on the cost index difference of 8 points (8%).
Median rent in Tucson is $1,399/month. In Raleigh it is $1,567/month — a difference of +$168 per month, or $2,016 per year.
Moving to Raleigh looks like a financial upgrade — better income-to-cost ratio. The salary equivalent to maintain your current lifestyle is $59,045/year in Raleigh. The median income there is $82,424.
Estimated monthly essentials total $3,250 in Tucson vs $3,561 in Raleigh — a difference of +$311/month (+$3,732/year).
The median home price in Raleigh is $428,831 vs $321,688 in Tucson. With 20% down and a 6.5% rate, the estimated monthly mortgage payment is $2,168 in Raleigh vs $1,627 in Tucson.