Raleigh-Cary vs Tampa-St. Petersburg-Clearwater

Cost of Living Comparison

Raleigh-Cary

Gross Salary $70,000
Tax -$9,817
Rent (2BR) -$21,000
Net Income $39,183

To match your lifestyle in Tampa-St. Petersburg-Clearwater, you'd need:

$79,588

The Verdict

Cost of Living Index

Raleigh-Cary 104.0
Tampa-St. Petersburg-Clearwater 123.5
Cheaper Avg (100) Pricier

Purchasing Power

Raleigh-Cary $37,677
Tampa-St. Petersburg-Clearwater $31,619

Tampa-St. Petersburg-Clearwater

Gross Salary $70,000
Tax -$7,241
Rent (2BR) -$23,724
Net Income $39,035

To match your lifestyle in Raleigh-Cary, you'd need:

$61,467

The Bottom Line

On a $70,000 salary, you would have $148 more per year in Raleigh-Cary compared to Tampa-St. Petersburg-Clearwater. You'd pay $2,576 less in taxes in Tampa-St. Petersburg-Clearwater, while housing costs 13% more. The cost of living in Raleigh-Cary is 4% above avg, while Tampa-St. Petersburg-Clearwater is 23% above avg, making Raleigh-Cary the more affordable city overall. Your $70,000 salary in Raleigh-Cary feels like earning $79,588 in Tampa-St. Petersburg-Clearwater once you factor in taxes, rent, and cost of living. For K-12 education, Tampa-St. Petersburg-Clearwater has a better pupil-teacher ratio (0:1 vs 0:1). College is more affordable in Raleigh-Cary ($15,088 vs $15,250 avg in-state tuition).

K-12 Schools

Raleigh-Cary
Tampa-St. Petersburg-Clearwater
Schools
275
589
Enrollment
220,430
415,023
Pupil:Teacher
0:1
0:1
Charter %
8.6%
15.1%
Title I %
0%
0%

Colleges & Universities

Raleigh-Cary
Tampa-St. Petersburg-Clearwater
Institutions
19
41
In-State Tuition
$15,088
$15,250
Out-of-State
$18,511
$16,986
Grad Rate
53.1%
60.2%

Frequently Asked Questions

Is Raleigh-Cary or Tampa-St. Petersburg-Clearwater more expensive?

Tampa-St. Petersburg-Clearwater is more expensive with a cost of living index of 123.5 vs 104.0 (national average = 100).

What salary in Tampa-St. Petersburg-Clearwater equals $70,000 in Raleigh-Cary?

You would need to earn approximately $79,588 in Tampa-St. Petersburg-Clearwater to maintain the same purchasing power as a $70,000 salary in Raleigh-Cary, after accounting for taxes, rent, and cost of living differences.

How much is rent in Raleigh-Cary vs Tampa-St. Petersburg-Clearwater?

Average annual rent for a 2-bedroom apartment is $21,000 in Raleigh-Cary and $23,724 in Tampa-St. Petersburg-Clearwater—housing is 13% more in Tampa-St. Petersburg-Clearwater.