Cost of Living: Raleigh vs Salt Lake City (2026)

Raleigh has a 6% lower overall cost of living than Salt Lake City as of Q1 2026. A one-bedroom apartment runs $1,700/mo in Salt Lake City vs $1,700/mo in Raleigh โ€” a 0% difference.

  • Raleigh is 6% cheaper overall (COL index: 101 vs 107)
  • 1BR rent: $1,700/mo in Salt Lake City vs $1,700/mo โ€” 0% savings
  • Higher median household income: Salt Lake City ($72,000/yr vs $70,000/yr)
  • Median home price: $380,000 in Raleigh vs $480,000 โ€” 21% difference
Category
Raleigh
North Carolina
Salt Lake City
Utah
๐Ÿ  HousingQ1 2026
Studio rent/mo$1,400Best$1,400
1BR rent/mo$1,700Best$1,700
2BR rent/mo$2,200Best$2,200
Median home price$380KBest$480K
๐Ÿ›’ Food & GroceriesQ1 2026
Groceries index (100 = US avg)96Best98
Budget meal (1 person)$13Best$13
Mid-range dinner (2)$55Best$55
๐ŸšŒ TransportationQ1 2026
Monthly transit pass/mo$70Best$90
Gas price/gal$3.10Best$3.30
Car insurance/mo$145$140Best
โšก UtilitiesQ1 2026
Monthly utilities bundle/mo$150Best$150
Internet/mo$60Best$60
๐Ÿ’ฐ Income & TaxesQ1 2026
Median household income/yr$70K$72KBest
State income tax%4.5%Best4.7%
Sales tax (combined)%7.5%Best7.8%
๐ŸŽฌ LeisureQ1 2026
Movie ticket$15.00$14.00Best
Gym membership/mo$40Best$40
Beer at restaurant$6.00Best$7.00
๐Ÿ“Š OverviewQ1 2026
Overall COL index (100 = US avg)101Best107
Walk score / 1002642Best

Frequently asked questions

Is Raleigh cheaper than Salt Lake City?

Yes. Raleigh is 6% cheaper than Salt Lake City based on overall cost of living indices (101 vs 107, where 100 = US average).

What is the average rent in Raleigh vs Salt Lake City?

As of Q1 2026, the median 1-bedroom rent in Raleigh is $1,700/month and in Salt Lake City is $1,700/month. Raleigh is more expensive by 0%.

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

To maintain a similar lifestyle, you would need approximately $79,455/year in Salt Lake City to match a $75,000 salary in Raleigh. This estimate is based on overall cost of living indices and does not account for individual spending patterns.

Which city has lower taxes โ€” Raleigh or Salt Lake City?

Raleigh has the lower state income tax rate at 4.5% vs 4.7%. The difference is 0.2 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 Raleigh to Salt Lake City?

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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