Los Angeles, CA vs Raleigh, NC

Cost of living comparison · 2023 Census ACS data

Quick Summary

The headline difference between these two markets is housing: a typical home in Raleigh runs $378,000 versus $880,000 in Los Angeles, a 57% gap that dominates most relocation math. State income-tax burden also tilts toward Raleigh — a top rate of 4.5% versus 13.3% — which compounds at higher incomes.

Median Home Value
$879,500
$377,800
Zillow Home Value
$941,985
$428,831
Median Gross Rent
$1,879/mo
$1,468/mo
Owner Occupied %
36.3%
51.2%
Price-to-Rent Ratio
39.0x
21.4x
Median Household Income
$80,366
$82,424
Per Capita Income
$46,270
$49,948
Unemployment Rate
7.9%
4.5%
Poverty Rate
16.6%
11.4%
Avg Commute (min)
34.1 min
25.2 min
Drove Alone %
61.4%
65.1%
Public Transit %
6.7%
1.3%
Work From Home %
17.3%
23.4%
State Income Tax
13.3%
4.5%
Total Sales Tax
8.7%
7.0%
Property Tax Rate
0.7%
0.8%
Bachelor's Degree %
24.5%
32.5%
Median Age
36.9
34.7
Avg High Temp
70.4°F
72.0°F
Annual Precipitation
13.4"
46.1"
Annual Snowfall
5.2"
  • Median Home Value
  • Median Gross Rent
  • Total Sales Tax
  • Median Household Income
  • Unemployment Rate

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