Phoenix, AZ vs Raleigh, NC: 109 vs 110

$1,458/mo ≈ Same

Median Rent

$1,468/mo ≈ Same

$77,041/yr ↓ 7%

Median Income

$82,424/yr ↑ 7%

$381,900 ↑ 1%

Home Value

$377,800 ↓ 1%

$1,430/mo ↓ 4%

Owner Costs

$1,487/mo ↑ 4%

1,624,832

Population

470,763

Detailed Comparison

When comparing Phoenix, AZ and Raleigh, NC, the overall cost of living indices are 109 and 110 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $5,383/year higher in Raleigh. Home values also differ significantly — the median in Phoenix is $381,900 compared to $377,800 in Raleigh.

Arizona has a lower income tax rate, making Phoenix slightly more tax-friendly.

Frequently Asked Questions

Phoenix vs Raleigh — common questions

Is Phoenix or Raleigh cheaper to live in?

Based on our cost index, Phoenix is cheaper to live in with an index of 109 compared to 110 (US average = 100).

What is the rent difference between Phoenix and Raleigh?

Median rent in Phoenix is $1,458/month and in Raleigh it's $1,468/month — a difference of $10/month.

Which city has higher income, Phoenix or Raleigh?

Median household income is $77,041 in Phoenix and $82,424 in Raleigh. Median household income is $5,383/year higher in Raleigh.

How do taxes compare between Arizona and North Carolina?

Arizona has 2.5% income tax, 5.6% sales tax, and 0.62% property tax. North Carolina has 4.5% income tax, 4.75% sales tax, and 0.8% property tax.

Should I move to Phoenix or Raleigh?

It depends on your priorities. Phoenix has a cost index of 109 with median rent of $1,458/mo, while Raleigh has a cost index of 110 with rent of $1,468/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

Cost of Living: Phoenix, AZ vs Raleigh, NC (2026)

Phoenix

Raleigh

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

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