Florida · North Carolina

Cost of Living: Florida vs North Carolina

North Carolina is 8.8% cheaper than Florida: a $100,000 salary in Florida buys what $91,212 buys in North Carolina, based on BEA regional price parities for 2024.

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Florida vs North Carolina: prices, pay and taxes

FloridaNorth Carolina
BEA price parity (U.S. = 100)103.494.3
Average salary, all jobs$64,670$64,290
Average salary adjusted for prices$62,535$68,157
Take-home on $100,000*$79,180$75,699
Median household income$71,711$69,904
State income tax on wagesNoYes
Population21,928,88110,584,340

*Single filer, federal and state income tax and FICA, 2026 rules, no city or county taxes.

Compare with another state or city

Cost of living in Florida cities

CityPrice parityAverage salaryHome value
Miami114.2$67,190$475,622
Tampa100.9$66,490$360,738
Orlando101.4$61,890$387,733
Jacksonville99.5$65,700$352,994
Sarasota102.4$62,500$403,601
Fort Myers102.3$60,050$339,372

Cost of living in North Carolina cities

CityPrice parityAverage salaryHome value
Charlotte97.3$68,900$390,321
Raleigh98.2$70,740$438,364
Greensboro92.9$59,180$266,370
Winston-Salem92.0$59,130$283,871
Durham97.6$79,700$414,340
Wilmington96.4$58,480$446,210
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