New York · North Carolina

Cost of Living: New York vs North Carolina

North Carolina is 12.6% cheaper than New York: a $100,000 salary in New York buys what $87,403 buys in North Carolina, based on BEA regional price parities for 2024.

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New York vs North Carolina: prices, pay and taxes

New YorkNorth Carolina
BEA price parity (U.S. = 100)107.994.3
Average salary, all jobs$82,460$64,290
Average salary adjusted for prices$76,408$68,157
Take-home on $100,000*$74,228$75,699
Median household income$84,578$69,904
State income tax on wagesYesYes
Population19,872,31910,584,340

*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 New York cities

CityPrice parityAverage salaryHome value
New York112.6$86,310$727,625
Buffalo95.8$66,480$288,316
Rochester97.0$67,420$285,034
Albany99.6$71,830$370,533
Kiryas Joel109.4$67,700$364,400
Syracuse95.7$67,470$264,903

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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