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Quick answer

Raleigh is 11% cheaper than Denver overall. A $100K salary in Denver is equivalent to $89,000 in Raleigh.

Cost of Living Comparison · 2026

Denver vs Raleigh Cost of Living (2026)

Side-by-side cost comparison plus a salary calculator to find your equivalent pay in either city.

Overall COL difference

Raleigh is 11% cheaper

1BR rent difference

-15% (B vs A)

$100K in A = in B

$89,000

Denver vs Raleigh: Side-by-Side

Category
Denver
Raleigh
Diff

1BR median rent

$1,740/mo

$1,480/mo

-15%

2BR median rent

$2,250/mo

$1,860/mo

-17%

Median home price

$565K

$420K

-26%

Avg monthly groceries

$370

$350

-5%

Avg monthly utilities

$145

$145

+0%

State income tax

4.4%

4.5%

Denver saves

Walk score

61/100

34/100

Denver better

Transit score

44/100

25/100

Denver better

Salary Equivalency Calculator

How much you need to earn in Raleigh to maintain the same standard of living as your current Denver salary — and vice versa.

Denver salary
Raleigh equivalent
Raleigh salary → Denver equiv.

$60,000

$54,000

$67,000

$80,000

$71,000

$90,000

$100,000

$89,000

$112,000

$120,000

$107,000

$134,000

$150,000

$134,000

$168,000

Calculated using a weighted index: rent (40%), home prices (20%), groceries (20%), utilities (10%), state income tax (10%). Individual lifestyles vary.

Monthly Budget: Denver vs Raleigh

Denver, CO
1BR rent$1,740/mo
Groceries$370/mo
Utilities$145/mo
Transport (est.)$350/mo
State income tax4.4%
Essentials total$2,605/mo
Raleigh, NC
1BR rent$1,480/mo
Groceries$350/mo
Utilities$145/mo
Transport (est.)$350/mo
State income tax4.5%
Essentials total$2,325/mo

Who Each City Is Best For

Denver is best for

  • outdoor enthusiasts
  • skiers
  • tech workers
  • craft beer lovers

Raleigh is best for

  • tech workers
  • biotech / pharma professionals
  • researchers
  • young families

FAQs

Is Denver or Raleigh cheaper to live in?

Raleigh is 11% cheaper than Denver overall. Raleigh 1BR rent ($1,480/mo) vs Denver ($1,740/mo). Median home price: Raleigh $420K vs Denver $565K.

How much salary do I need in Raleigh to match $100K in Denver?

$89,000 in Raleigh is equivalent to $100,000 in Denver based on cost of living differences. The biggest factors are rent (-15% difference) and state taxes (Denver: 4.4% vs Raleigh: 4.5%).

What is the rent difference between Denver and Raleigh?

1BR: Denver $1,740/mo vs Raleigh $1,480/mo (-15%). 2BR: Denver $2,250/mo vs Raleigh $1,860/mo (-17%).

Does Denver or Raleigh have lower taxes?

Denver (CO) has 4.4% state income tax. Raleigh (NC) has 4.5% state income tax. On a $100K salary, the annual tax difference is ~$100.