Portland is 25% more expensive than Raleigh.
When comparing Portland, OR and Raleigh, NC, the overall cost of living indices are 138 and 110 respectively (national median = 100). Rent is $128/month cheaper in Raleigh, saving renters about $1,536/year.
Median household income is $6,368/year higher in Portland. Home values also differ significantly — the median in Portland is $557,600 compared to $377,800 in Raleigh.
North Carolina has a lower income tax rate, making Raleigh slightly more tax-friendly.
Portland vs Raleigh — common questions
Other cost of living comparisons for Portland and Raleigh