Raleigh vs Austin: Cost of Living (2026)

A side-by-side comparison of Raleigh, NC and Austin, TX, using US Census Bureau data.

MetricRaleigh, NCAustin, TX
Population469,124961,855
Median household income$72,356$86,556
Median home value$372,400$551,200
Median rent (/mo)$1,354$1,608

Source: US Census Bureau ACS 5-Year (2022) — SAMPLE. Highlighted cell = more affordable / higher income.

Comparing Raleigh, NC and Austin, TX comes down to what you value most. Raleigh has the lower median home value, and Raleigh has the lower median rent.

Austin has the higher median household income, which affects how far a paycheck stretches against local housing costs. The table below breaks down the key numbers side by side, all sourced from the US Census Bureau.

Frequently asked questions

Is it cheaper to live in Raleigh or Austin?
By median home value, Raleigh is the cheaper of the two ($372,400 vs $551,200). Rent and income differ too — see the full comparison above.
Which has higher salaries, Raleigh or Austin?
Median household income is $72,356 in Raleigh versus $86,556 in Austin, per the US Census Bureau.

Related

RelocateData — US City Relocation & Cost-of-Living Data