Cost of Living: Denver vs Raleigh (2026)

Raleigh has a 21% lower overall cost of living than Denver as of Q1 2026. A one-bedroom apartment runs $1,700/mo in Raleigh vs $2,000/mo in Denver โ€” a 18% difference.

  • Raleigh is 21% cheaper overall (COL index: 122 vs 101)
  • 1BR rent: $1,700/mo in Raleigh vs $2,000/mo โ€” 15% savings
  • Higher median household income: Denver ($75,000/yr vs $70,000/yr)
  • Median home price: $380,000 in Raleigh vs $530,000 โ€” 28% difference
Category
Denver
Colorado
Raleigh
North Carolina
๐Ÿ  HousingQ1 2026
Studio rent/mo$1,600$1,400Best
1BR rent/mo$2,000$1,700Best
2BR rent/mo$2,700$2,200Best
Median home price$530K$380KBest
๐Ÿ›’ Food & GroceriesQ1 2026
Groceries index (100 = US avg)10296Best
Budget meal (1 person)$15$13Best
Mid-range dinner (2)$65$55Best
๐ŸšŒ TransportationQ1 2026
Monthly transit pass/mo$114$70Best
Gas price/gal$3.30$3.10Best
Car insurance/mo$155$145Best
โšก UtilitiesQ1 2026
Monthly utilities bundle/mo$140Best$150
Internet/mo$65$60Best
๐Ÿ’ฐ Income & TaxesQ1 2026
Median household income/yr$75KBest$70K
State income tax%4.4%Best4.5%
Sales tax (combined)%8.8%7.5%Best
๐ŸŽฌ LeisureQ1 2026
Movie ticket$16.00$15.00Best
Gym membership/mo$50$40Best
Beer at restaurant$7.00$6.00Best
๐Ÿ“Š OverviewQ1 2026
Overall COL index (100 = US avg)122101Best
Walk score / 10060Best26

Frequently asked questions

Is Denver cheaper than Raleigh?

No. Raleigh is 21% cheaper than Denver based on overall cost of living indices (101 vs 122, where 100 = US average).

What is the average rent in Denver vs Raleigh?

As of Q1 2026, the median 1-bedroom rent in Denver is $2,000/month and in Raleigh is $1,700/month. Denver is more expensive by 18%.

How much do I need to earn in Raleigh to match a $75,000 salary in Denver?

To maintain a similar lifestyle, you would need approximately $62,090/year in Raleigh to match a $75,000 salary in Denver. This estimate is based on overall cost of living indices and does not account for individual spending patterns.

Which city has lower taxes โ€” Denver or Raleigh?

Denver has the lower state income tax rate at 4.4% vs 4.5%. The difference is 0.1 percentage points. Note that sales tax and local taxes also vary โ€” see the full breakdown in the table above.

Is it worth moving from Denver to Raleigh?

It depends on your priorities. Raleigh offers lower overall costs, but both cities have different job markets, weather, and lifestyle trade-offs. Use the comparison table above to evaluate rent, groceries, transportation, and income potential side by side based on your specific budget.

Data sourced from Zillow, BLS, Numbeo, Tax Foundation, and US Census ACS ยท Updated Q1 2026 ยท For general guidance only

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