Moving from Boston to Raleigh: Cost of Living Guide

Updated 2026 • Based on US Census Bureau Data

$2,093
Rent in Boston
$1,468
Rent in Raleigh
$710,400
Home Value in Boston
$377,800
Home Value in Raleigh
Potential annual rent savings: $7,500

Why People Move from Boston to Raleigh

Raleigh has become an increasingly popular destination for people leaving Boston. A major draw is affordability — median rent in Raleigh is $1,468 per month, which is 30% less than the $2,093 median in Boston. With a population of 470,763, Raleigh offers a smaller, more manageable city experience.

Housing Costs Compared

The median home value in Raleigh, NC is $377,800, which is 47% lower than Boston, MA's median of $710,400. For homebuyers, this represents significant savings.

For renters, monthly costs average $1,468 in Raleigh versus $2,093 in Boston. The rent-to-income ratio in Raleigh is 21.4%, which is within the recommended 30% threshold.

Income and Employment

Median household income in Raleigh, NC is $82,424, which is 13% lower than Boston, MA's $94,755. While salaries tend to be lower, the reduced cost of living can offset this — you may end up with more disposable income despite a lower gross salary.

The unemployment rate in Raleigh is 4.5% compared to 6.0% in Boston. Raleigh's lower unemployment suggests a stronger local job market.

The Bottom Line

Moving from Boston to Raleigh can save you approximately $625 per month on rent alone — that's $7,500 per year. Use our salary comparison calculator to see exactly what your current salary would be worth in Raleigh.

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Data Sources

All data from the US Census Bureau American Community Survey 5-Year Estimates. Individual experiences may vary based on neighborhood, lifestyle, and personal circumstances.

Read our methodologyVerify at data.census.gov