Median rent is 5% lower in Raleigh ($1,572/mo vs $1,655/mo). Buying is cheaper in Raleigh, where the median home runs $415,800 versus $581,500. Households earn more in Portland ($90,919 vs $85,395 a year). Taken together, Raleigh is the more affordable choice with a cost index of 98.4 against 101.5 — about 3% lower overall prices. After adjusting income for local prices, a typical paycheck stretches further in Portland, OR.
Cost of living verdict
Raleigh is 3% cheaper overall
Cost of Living Index: 98.4 in Raleigh vs 101.5 in Portland (US national average = 100)
City A
Portland, OR
City B
Raleigh, NC
How much would you need to earn in Raleigh, NC to maintain your standard of living from Portland, OR?
Equivalent salary in Raleigh, NC
$72,668
You could earn $2,332 less (3% lower) and break even.
Based on BEA Regional Price Parity (cost index) for each metro area. This estimates overall purchasing power; it does not account for taxes or take-home pay differences.
Metric
Portland
Oregon
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: Census ACS, BEA, HUD Fair Market Rents, EPA AirNow, Tax Foundation
Median rents are similar in both cities: $1,655/mo in Portland and $1,572/mo in Raleigh. Home buyers face a steeper market in Portland: the median home is $581,500 versus $415,800 in Raleigh — 28% more expensive.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
State tax data is not yet available for these cities.
Portland
Income tax: N/A
Sales tax: N/A
Raleigh
Income tax: N/A
Sales tax: N/A
Portland has cleaner air on average: 26.0 AQI (Good) compared to 47.0 AQI (Good) in the other city. Lower AQI means cleaner, healthier air.
Pick Raleigh if you prioritize lower overall cost of living (index 98.4 vs 101.5).
Pick Portland if you prioritize higher median household income ($90,919/yr).
Pick Portland if you prioritize cleaner air quality (avg AQI 26.0).
Is Portland cheaper than Raleigh?
Raleigh is cheaper overall, with a cost of living index of 98.4 versus 101.5 (US average = 100). That means prices run about 3% lower in Raleigh.
How much is rent in Portland vs Raleigh?
Median rent is $1,655/mo in Portland, OR and $1,572/mo in Raleigh, NC. Raleigh, NC has the lower rent by about 5%.
Which has higher salaries — Portland or Raleigh?
Median household income is $90,919 in Portland, OR and $85,395 in Raleigh, NC. Portland, OR 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?
Portland, OR has better air quality on average: 26.0 AQI versus 47.0 AQI. Both are EPA AirNow annual averages; lower is better.
Which has lower taxes — Portland or Raleigh?
State tax data is not yet available for one or both cities.
What salary do I need in Raleigh to match my Portland income?
To maintain the same purchasing power, a salary of $100,000 in Portland, OR is equivalent to roughly $96,891 in Raleigh, NC (using the BEA Regional Price Parity ratio). Use the salary calculator above for any income amount.
Data last updated: December 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
