Miami-Miami Beach-Kendall vs Raleigh-Cary
Cost of Living Comparison
Miami-Miami Beach-Kendall
To match your lifestyle in Raleigh-Cary, you'd need:
$48,749
The Verdict
Cost of Living Index
Purchasing Power
Raleigh-Cary
To match your lifestyle in Miami-Miami Beach-Kendall, you'd need:
$102,666
The Bottom Line
On a $70,000 salary, you would have $5,656 more per year in Raleigh-Cary compared to Miami-Miami Beach-Kendall. You'd pay $2,576 more in taxes in Raleigh-Cary, while housing costs 28% less. The cost of living in Miami-Miami Beach-Kendall is 57% above avg, while Raleigh-Cary is 4% above avg, making Raleigh-Cary the more affordable city overall. Your $70,000 salary in Miami-Miami Beach-Kendall feels like earning $48,749 in Raleigh-Cary once you factor in taxes, rent, and cost of living. For K-12 education, Raleigh-Cary has a better pupil-teacher ratio (0:1 vs 0:1). College is more affordable in Raleigh-Cary ($17,451 vs $15,088 avg in-state tuition).
K-12 Schools
Colleges & Universities
Frequently Asked Questions
Is Miami-Miami Beach-Kendall or Raleigh-Cary more expensive?
Miami-Miami Beach-Kendall is more expensive with a cost of living index of 156.6 vs 104.0 (national average = 100).
What salary in Raleigh-Cary equals $70,000 in Miami-Miami Beach-Kendall?
You would need to earn approximately $48,749 in Raleigh-Cary to maintain the same purchasing power as a $70,000 salary in Miami-Miami Beach-Kendall, after accounting for taxes, rent, and cost of living differences.
How much is rent in Miami-Miami Beach-Kendall vs Raleigh-Cary?
Average annual rent for a 2-bedroom apartment is $29,232 in Miami-Miami Beach-Kendall and $21,000 in Raleigh-Cary—housing is 28% less in Raleigh-Cary.