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Cost of Living and Inflation in Raleigh, North Carolina: What do you need to know?

five local experts
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Here's what five local experts had to say about prices and the cost of living in Raleigh, North Carolina.

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If you are moving to Raleigh, you should try find a place to rent/buy on the North side. It’s very safe, near the airport, close to shopping areas, banks, restaurants, etc. Also close to all IT industry. You must have a vehicle because very few people ride buses here. Unless you live downtown, the business district, you drive everywhere but distances are not too long. I am only 3 miles from all my shopping, banking, eating, etc. needs.

It’s a city with a small-town feel. You’ll need a car to fully explore the Triangle region, and housing is expensive. The people are nice and it’s pretty easy to make friends since the academic and technology focused economy means a lot of people move in from other areas. It’s less insular than other Southern cities.

Raleigh is the capital of the State of North Carolina. It is called the “City of Oaks”. The city is growing rapidly and has become well known for its laid back, yet urban feel. Part of this charm is caused by developers purchasing land in the downtown, where poorer residents used to live, and replacing those houses with more expensive homes – driving the cost of housing up and causing long-time residents to see the effects of gentrification throughout the inner parts of the city.

Kendra, says: 2020

Raleigh is a very affordable city. Between the wages and the housing, you can easy live a comfortable lifestyle close to the city center. It’s a great place to start a family or build a new life for yourself after a career change. It also manages to keep it’s Southern charm while being very cosmopolitan.

Raleigh is full of surprises. There is a diverse selection of restaurants, and the overall culture is very steady and predictable. Many people work for science and technology companies, and as the region grows, house prices continue to rise. It is between the mountains and the beach, so traveling opportunities are endless.

Lauren, says: 2020
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