CostIndexUSA

Cary, NC vs Santa Barbara, CA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableNC
Cary
98.2
overall index
$1,650/mo rent
CA
Santa Barbara
108.8
overall index
$2,275/mo rent

Cary is moderately cheaper than Santa Barbara — 10.8% lower overall cost of living.

To match an $80,000 salary in Cary, you would need $88,600 in Santa Barbara. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+46.3%
Cary
103.5
Santa Barbara
151.4
🛒 Groceries+8.9%
Cary
96.6
Santa Barbara
105.2
🚗 Transportation+2.1%
Cary
103.1
Santa Barbara
105.3
🏥 Healthcare+2.1%
Cary
93.3
Santa Barbara
95.3
Utilities+68.3%
Cary
89
Santa Barbara
149.8

Salary Equivalency Calculator

Enter your current salary in Cary to see what you'd need to earn in Santa Barbara to maintain the same purchasing power.

$
Equivalent salary in Santa Barbara, CA
$88,600
$8,600 more needed in Santa Barbara

Formula: salary × (108.8 ÷ 98.2) = salary × 1.1079. Based on BEA Regional Price Parities.

Housing Market

Cary, NC

Median Home Price
$428,000
Median Monthly Rent
$1,650
Housing Index
103.5
Price-to-Rent Ratio
21.6×

Santa Barbara, CA

Median Home Price
$510,000
Median Monthly Rent
$2,275
Housing Index
151.4
Price-to-Rent Ratio
18.7×

Santa Barbara has 46.3% higher housing costs compared to Cary.

Income & Job Market

Cary, NC

Median Household Income
$96,100
Per Capita Income
$54,800
Unemployment Rate
3.5%
Population
174,721
Top Industries
TechnologyFinanceHealthcareEducationResearch

Santa Barbara, CA

Median Household Income
$91,200
Per Capita Income
$52,000
Unemployment Rate
6.1%
Population
88,255
Top Industries
EducationTourismTechnologyHealthcareBiotechnology

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Cary, NC
4.9×income-to-rent ratio

79% of income left after rent (median)

Santa Barbara, CA
3.3×income-to-rent ratio

70% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.