Cost of Living: Raleigh, NC vs Hollywood, FL (2026)

Raleigh

North Carolina
110
VS

Hollywood

Florida
113

Raleigh is 3% cheaper than Hollywood.

$1,468/mo ↓ 6%
Median Rent
$1,555/mo ↑ 6%
$82,424/yr ↑ 26%
Median Income
$65,359/yr ↓ 21%
$377,800 ≈ Same
Home Value
$374,200 ≈ Same
$1,487/mo ↓ 5%
Owner Costs
$1,568/mo ↑ 5%
470,763
Population
152,935

Tax Comparison

4.5%
Income Tax
0%
4.75%
State Sales Tax
6.0%
0.8%
Property Tax
0.86%

Affordability

21.4%
rent-to-income
Affordability
28.6%
rent-to-income

Detailed Comparison

When comparing Raleigh, NC and Hollywood, FL, the overall cost of living indices are 110 and 113 respectively (national median = 100). Rent is $87/month cheaper in Raleigh, saving renters about $1,044/year.

Median household income is $17,065/year higher in Raleigh. Home values also differ significantly — the median in Raleigh is $377,800 compared to $374,200 in Hollywood.

Florida has no state income tax, giving Hollywood residents a significant tax advantage over North Carolina's 4.5% rate.

Frequently Asked Questions

Raleigh vs Hollywood — common questions

Is Raleigh or Hollywood cheaper to live in?
Based on our cost index, Raleigh is cheaper to live in with an index of 110 compared to 113 (US average = 100).
What is the rent difference between Raleigh and Hollywood?
Median rent in Raleigh is $1,468/month and in Hollywood it's $1,555/month — a difference of $87/month.
Which city has higher income, Raleigh or Hollywood?
Median household income is $82,424 in Raleigh and $65,359 in Hollywood. Median household income is $17,065/year higher in Raleigh.
How do taxes compare between North Carolina and Florida?
North Carolina has 4.5% income tax, 4.75% sales tax, and 0.8% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Raleigh or Hollywood?
It depends on your priorities. Raleigh has a cost index of 110 with median rent of $1,468/mo, while Hollywood has a cost index of 113 with rent of $1,555/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Raleigh details → View Hollywood details →

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