Cost of Living: Hickory, NC vs Raleigh, NC
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,254/mo in Hickory, NC versus $4,254/mo in Raleigh, NC. In the model, rent is about 14.21% of gross in Hickory, NC versus 21.39% in Raleigh, NC, so Hickory, NC tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Hickory, NC and Raleigh, NC.
At a glance
- Cheaper overall (lower cost-of-living index): Hickory, NC
- Lower rent (median 1BR/2BR): Hickory, NC
- Lower home prices: Hickory, NC
- Higher median household income: Raleigh, NC
Cost of Living Index
Hickory, NC: 100 (U.S. = 100) · Raleigh, NC: 102.6 (U.S. = 100)
Hickory, NC has a lower cost-of-living index than Raleigh, NC, so a given salary generally stretches further there.
Median Rent
Hickory, NC: $927/mo (midpoint of 1BR/2BR) · Raleigh, NC: $1,395/mo
Median rent in Raleigh, NC is $468/mo higher than in Hickory, NC.
Median Home Price
Hickory, NC: $248,300 · Raleigh, NC: $377,800
Median home price in Raleigh, NC is $129,500 higher than in Hickory, NC.
Median Household Income
Hickory, NC: $63,361 · Raleigh, NC: $82,424
Raleigh, NC has a higher median household income than Hickory, NC by $19,063.
Hickory, NC overview · Raleigh, NC overview · Popular comparisons