Median rent is 25% lower in Jackson ($1,094/mo vs $1,468/mo). Buying is cheaper in Jackson, where the median home runs $195,000 versus $377,800. Households earn more in Raleigh ($82,424 vs $51,552 a year). Taken together, Raleigh is the more affordable choice with a cost index of 98.3 against 98.5 — about 0% lower overall prices. After adjusting income for local prices, a typical paycheck stretches further in Raleigh, NC.
City A
Jackson, TN
City B
Raleigh, NC
How much would you need to earn in Raleigh, NC to maintain your standard of living from Jackson, TN?
Equivalent salary in Raleigh, NC
$74,872
You could earn $128 less (0% lower) and break even.
Based on BEA Regional Price Parity (cost index) for each city's metro area. A rough estimate of overall purchasing power, not tax or take-home pay.
Metric
Jackson
Tennessee
Raleigh
North Carolina
👥Population
💰Median Household Income
Annual
🏠Median Gross Rent
Per month
🏡Median Home Value
📊Cost of Living Index
US avg = 100
🔑1BR Fair Market Rent
HUD FMR
🔑2BR Fair Market Rent
HUD FMR
🔑3BR Fair Market Rent
HUD FMR
🌬️Air Quality Index
Lower = cleaner
🏛️Top State Income Tax
Top marginal rate
🧾State Sales Tax
Statewide base rate
🎂Median Age
Years
✓ = better value · Sources: US Census ACS, BEA RPP, HUD FMR, EPA AirNow, Tax Foundation
Renters will find significantly cheaper housing in Jackson — median rent of $1,094/mo versus $1,468/mo in Raleigh, a 25% difference. Home buyers face a steeper market in Raleigh: the median home is $377,800 versus $195,000 in Jackson — 48% more expensive.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
Tennessee has no state income tax, while North Carolina tops out at 4.50% — giving Jackson a clear advantage for high earners. Sales tax is 7.00% in Tennessee and 4.75% in North Carolina; Raleigh has the lower rate (local add-ons may apply in both).
Jackson
Income tax: None
Sales tax: 7.00%
Raleigh
Income tax: 4.50%
Sales tax: 4.75%
Air quality data is available for Raleigh (avg AQI 54.0) but not yet for Jackson.
Pick Raleigh if you prioritize higher median household income ($82,424/yr).
Pick Jackson if you prioritize cheaper rent ($1,094/mo median).
Pick Jackson if you prioritize no state income tax.
Is Jackson cheaper than Raleigh?
Raleigh is cheaper overall, with a cost of living index of 98.3 versus 98.5 (US average = 100). That means prices run about 0% lower in Raleigh.
How much is rent in Jackson vs Raleigh?
Median rent is $1,094/mo in Jackson, TN and $1,468/mo in Raleigh, NC. Jackson, TN has the lower rent by about 25%.
Which has higher salaries — Jackson or Raleigh?
Median household income is $51,552 in Jackson, TN and $82,424 in Raleigh, NC. Raleigh, NC has the higher median income. Note that BLS occupational wages in the table above show wages for specific jobs.
Which city has better air quality?
Air quality data is not yet available for one or both cities.
Which has lower taxes — Jackson or Raleigh?
Tennessee has no state income tax. North Carolina has a top rate of 4.50%.
What salary do I need in Raleigh to match my Jackson income?
To maintain the same purchasing power, a salary of $100,000 in Jackson, TN is equivalent to roughly $99,829 in Raleigh, NC (using the BEA Regional Price Parity ratio). Use the salary calculator above for any income amount.
Data last updated: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology