CostIndexUSA

Racine, WI vs Raleigh, NC Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableWI
Racine
96
overall index
$1,325/mo rent
NC
Raleigh
98.2
overall index
$1,650/mo rent

Racine is slightly cheaper than Raleigh — 2.3% lower overall cost of living.

To match an $80,000 salary in Racine, you would need $81,800 in Raleigh. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+12.5%
Racine
92
Raleigh
103.5
🛒 Groceries+3.0%
Racine
93.8
Raleigh
96.6
🚗 Transportation1.2%
Racine
104.4
Raleigh
103.1
🏥 Healthcare1.2%
Racine
94.4
Raleigh
93.3
Utilities1.1%
Racine
90
Raleigh
89

Salary Equivalency Calculator

Enter your current salary in Racine to see what you'd need to earn in Raleigh to maintain the same purchasing power.

$
Equivalent salary in Raleigh, NC
$81,800
$1,800 more needed in Raleigh

Formula: salary × (98.2 ÷ 96) = salary × 1.0229. Based on BEA Regional Price Parities.

Housing Market

Racine, WI

Median Home Price
$293,000
Median Monthly Rent
$1,325
Housing Index
92
Price-to-Rent Ratio
18.4×

Raleigh, NC

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

Raleigh has 12.5% higher housing costs compared to Racine.

Income & Job Market

Racine, WI

Median Household Income
$74,000
Per Capita Income
$42,200
Unemployment Rate
3.6%
Population
78,900
Top Industries
ManufacturingHealthcareRetailTechnologyFinance

Raleigh, NC

Median Household Income
$96,100
Per Capita Income
$54,800
Unemployment Rate
3.5%
Population
467,665
Top Industries
TechnologyEducationHealthcareFinanceGovernment

Affordability at a Glance

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

Racine, WI
4.7×income-to-rent ratio

79% of income left after rent (median)

Raleigh, NC
4.9×income-to-rent ratio

79% 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.