Charlottesville, VA vs Raleigh, NC: cost of living compared
Price levels from BEA (2024); rent and home values from Zillow (September 2026).
The short answer
- Overall, living costs in Raleigh, NC and Charlottesville, VA are within 1% of each other (BEA, 2024).
- To keep the same standard of living, $75,000 in Charlottesville works out to about $74,300 in Raleigh, before taxes.
- Housing is 3.3% lower in Raleigh, goods 0.2% lower and other services 0.4% lower, which roughly cancel out.
- Typical asking rent is $1,669 a month in Raleigh and $2,040 in Charlottesville, $4,452 a year less in Raleigh (Zillow, September 2026).
- A typical home is valued at about $428,000 in Raleigh and $464,000 in Charlottesville.
- The gap is about where it was in 2019 (0.2%).
derived Calculated from BEA Regional Price Parities (2024) and Zillow data. Based on an average household's spending; taxes not included. How we calculate.
Category by category
Both cities against the US average (100). The gap in each row is what matters for a move.
Overall prices are about the same in Charlottesville and Raleigh
Price level by category, 2024. US average = 100.
- Charlottesville, VA
- Raleigh, NC
All items Charlottesville, VA: 99.1 Raleigh, NC: 98.2
Goods Charlottesville, VA: 96.8 Raleigh, NC: 96.6
Housing (rents) Charlottesville, VA: 107.0 Raleigh, NC: 103.5
Utilities Charlottesville, VA: 89.0 Raleigh, NC: 89.0
Other services Charlottesville, VA: 98.6 Raleigh, NC: 98.2
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Charlottesville, VA | Raleigh, NC | |
|---|---|---|
| All items | 99.1 | 98.2 |
| Goods | 96.8 | 96.6 |
| Housing (rents) | 107.0 | 103.5 |
| Utilities | 89.0 | 89.0 |
| Other services | 98.6 | 98.2 |
| Category | Charlottesville | Raleigh | Raleigh vs Charlottesville |
|---|---|---|---|
| All items | 99.1 | 98.2 | −1.0% |
| Goods | 96.8 | 96.6 | −0.2% |
| Housing (rents) | 107.0 | 103.5 | −3.3% |
| Utilities | 89.0 | 89.0 | 0.0% |
| Other services | 98.6 | 98.2 | −0.4% |
| Typical asking rent | $2,040 | $1,669 | −18.2% |
| Typical home value | $464,000 | $428,000 | −7.7% |
| Salary to match $75,000 in Charlottesville | $75,000 | $74,300 | −1.0% |
Index values: BEA, 2024, US = 100. Rent and home values: Data Provided by Zillow Group, September 2026.
How the gap has changed since 2008
The price gap between Charlottesville and Raleigh has narrowed since 2008: 2.7 points then, 1.0 now
Overall price level each year, 2008–2024. US average = 100.
- Charlottesville, VA
- Raleigh, NC
US average = 100
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Charlottesville, VA | Raleigh, NC | |
|---|---|---|
| 2008 | 99.7 | 97.0 |
| 2009 | 98.7 | 95.9 |
| 2010 | 100.6 | 97.2 |
| 2011 | 100.6 | 98.3 |
| 2012 | 98.9 | 98.0 |
| 2013 | 100.8 | 97.9 |
| 2014 | 99.9 | 98.4 |
| 2015 | 100.1 | 98.3 |
| 2016 | 100.3 | 99.3 |
| 2017 | 99.9 | 98.4 |
| 2018 | 98.2 | 96.9 |
| 2019 | 95.8 | 95.6 |
| 2020 | 98.3 | 95.4 |
| 2021 | 100.5 | 97.6 |
| 2022 | 97.6 | 98.3 |
| 2023 | 99.0 | 98.4 |
| 2024 | 99.1 | 98.2 |
Goods
- Charlottesville, VA
- Raleigh, NC
US = 100
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Charlottesville, VA | Raleigh, NC | |
|---|---|---|
| 2008 | 97.3 | 97.4 |
| 2009 | 95.3 | 95.4 |
| 2010 | 96.7 | 97.0 |
| 2011 | 96.5 | 97.0 |
| 2012 | 96.3 | 97.2 |
| 2013 | 96.5 | 97.1 |
| 2014 | 96.3 | 97.4 |
| 2015 | 95.6 | 96.5 |
| 2016 | 96.4 | 97.2 |
| 2017 | 96.2 | 97.1 |
| 2018 | 95.6 | 95.7 |
| 2019 | 95.1 | 95.7 |
| 2020 | 95.2 | 95.4 |
| 2021 | 96.1 | 96.2 |
| 2022 | 95.5 | 95.6 |
| 2023 | 97.1 | 96.8 |
| 2024 | 96.8 | 96.6 |
Housing (rents)
- Charlottesville, VA
- Raleigh, NC
US = 100
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Charlottesville, VA | Raleigh, NC | |
|---|---|---|
| 2008 | 110.5 | 92.7 |
| 2009 | 111.9 | 92.0 |
| 2010 | 114.2 | 91.6 |
| 2011 | 112.0 | 94.4 |
| 2012 | 102.0 | 92.9 |
| 2013 | 113.9 | 94.1 |
| 2014 | 108.3 | 95.4 |
| 2015 | 109.4 | 95.2 |
| 2016 | 106.2 | 96.3 |
| 2017 | 109.8 | 97.3 |
| 2018 | 105.9 | 96.8 |
| 2019 | 98.8 | 95.7 |
| 2020 | 116.1 | 96.2 |
| 2021 | 114.9 | 97.0 |
| 2022 | 97.3 | 104.4 |
| 2023 | 104.6 | 104.0 |
| 2024 | 107.0 | 103.5 |
Utilities
- Charlottesville, VA
- Raleigh, NC
US = 100
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Charlottesville, VA | Raleigh, NC | |
|---|---|---|
| 2008 | 86.7 | 87.6 |
| 2009 | 89.8 | 87.8 |
| 2010 | 91.1 | 89.7 |
| 2011 | 90.5 | 89.3 |
| 2012 | 92.3 | 90.5 |
| 2013 | 89.7 | 90.4 |
| 2014 | 90.6 | 90.9 |
| 2015 | 91.1 | 90.7 |
| 2016 | 89.6 | 87.6 |
| 2017 | 87.0 | 83.8 |
| 2018 | 89.7 | 87.0 |
| 2019 | 92.9 | 89.4 |
| 2020 | 91.0 | 87.9 |
| 2021 | 87.8 | 84.9 |
| 2022 | 89.5 | 83.0 |
| 2023 | 89.1 | 83.8 |
| 2024 | 89.0 | 89.0 |
Other services
- Charlottesville, VA
- Raleigh, NC
US = 100
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Charlottesville, VA | Raleigh, NC | |
|---|---|---|
| 2008 | 98.4 | 98.8 |
| 2009 | 97.0 | 98.2 |
| 2010 | 99.2 | 99.7 |
| 2011 | 100.3 | 101.2 |
| 2012 | 100.0 | 100.8 |
| 2013 | 99.6 | 100.3 |
| 2014 | 99.7 | 100.6 |
| 2015 | 100.5 | 101.1 |
| 2016 | 101.6 | 102.3 |
| 2017 | 99.7 | 100.5 |
| 2018 | 98.0 | 98.3 |
| 2019 | 95.4 | 95.8 |
| 2020 | 95.1 | 95.5 |
| 2021 | 99.6 | 99.6 |
| 2022 | 99.6 | 99.7 |
| 2023 | 98.9 | 98.7 |
| 2024 | 98.6 | 98.2 |
Rent and home values
Typical asking rent: $1,669 in Raleigh vs $2,040 in Charlottesville
Typical asking rent for a new lease, dollars per month. Quarterly.
- Charlottesville, VA
- Raleigh, NC
- United States
Source: Zillow Observed Rent Index (typical asking rent, all homes, smoothed), through September 2026. Data Provided by Zillow Group.
Show the numbers
| Charlottesville, VA | Raleigh, NC | United States | |
|---|---|---|---|
| Mar 2015 | $1,191 | $1,059 | $1,145 |
| Jun 2015 | $1,207 | $1,083 | $1,170 |
| Sep 2015 | $1,206 | $1,086 | $1,181 |
| Dec 2015 | $1,210 | $1,087 | $1,182 |
| Mar 2016 | $1,243 | $1,096 | $1,195 |
| Jun 2016 | $1,260 | $1,122 | $1,219 |
| Sep 2016 | $1,252 | $1,123 | $1,225 |
| Dec 2016 | $1,245 | $1,114 | $1,222 |
| Mar 2017 | $1,283 | $1,135 | $1,245 |
| Jun 2017 | $1,304 | $1,164 | $1,270 |
| Sep 2017 | $1,324 | $1,166 | $1,276 |
| Dec 2017 | $1,328 | $1,158 | $1,275 |
| Mar 2018 | $1,339 | $1,184 | $1,296 |
| Jun 2018 | $1,363 | $1,205 | $1,320 |
| Sep 2018 | $1,383 | $1,209 | $1,327 |
| Dec 2018 | $1,363 | $1,201 | $1,329 |
| Mar 2019 | $1,411 | $1,219 | $1,349 |
| Jun 2019 | $1,416 | $1,247 | $1,376 |
| Sep 2019 | $1,412 | $1,251 | $1,383 |
| Dec 2019 | $1,436 | $1,252 | $1,381 |
| Mar 2020 | $1,463 | $1,270 | $1,402 |
| Jun 2020 | $1,453 | $1,272 | $1,406 |
| Sep 2020 | $1,474 | $1,290 | $1,410 |
| Dec 2020 | $1,497 | $1,297 | $1,407 |
| Mar 2021 | $1,510 | $1,321 | $1,443 |
| Jun 2021 | $1,567 | $1,405 | $1,512 |
| Sep 2021 | $1,625 | $1,489 | $1,590 |
| Dec 2021 | $1,641 | $1,511 | $1,622 |
| Mar 2022 | $1,671 | $1,542 | $1,661 |
| Jun 2022 | $1,720 | $1,606 | $1,721 |
| Sep 2022 | $1,752 | $1,638 | $1,748 |
| Dec 2022 | $1,766 | $1,606 | $1,735 |
| Mar 2023 | $1,796 | $1,625 | $1,757 |
| Jun 2023 | $1,822 | $1,646 | $1,785 |
| Sep 2023 | $1,851 | $1,650 | $1,797 |
| Dec 2023 | $1,834 | $1,616 | $1,786 |
| Mar 2024 | $1,885 | $1,623 | $1,807 |
| Jun 2024 | $1,949 | $1,648 | $1,837 |
| Sep 2024 | $1,944 | $1,643 | $1,845 |
| Dec 2024 | $1,936 | $1,624 | $1,836 |
| Mar 2025 | $1,967 | $1,641 | $1,860 |
| Jun 2025 | $2,016 | $1,651 | $1,880 |
| Sep 2025 | $2,007 | $1,646 | $1,881 |
| Dec 2025 | $1,987 | $1,625 | $1,873 |
| Mar 2026 | $2,029 | $1,642 | $1,894 |
| Jun 2026 | $2,052 | $1,655 | $1,921 |
| Sep 2026 | $2,040 | $1,669 | $1,932 |
Typical home value: $428,000 in Raleigh vs $464,000 in Charlottesville
Typical home value, dollars. Quarterly.
- Charlottesville, VA
- Raleigh, NC
- United States
Source: Zillow Home Value Index (typical home value, middle tier, smoothed, seasonally adjusted), through September 2026. Data Provided by Zillow Group.
Show the numbers
| Charlottesville, VA | Raleigh, NC | United States | |
|---|---|---|---|
| Mar 2015 | $260K | $222K | $189K |
| Jun 2015 | $263K | $225K | $192K |
| Sep 2015 | $266K | $229K | $195K |
| Dec 2015 | $270K | $234K | $199K |
| Mar 2016 | $274K | $239K | $202K |
| Jun 2016 | $275K | $242K | $204K |
| Sep 2016 | $277K | $246K | $206K |
| Dec 2016 | $280K | $250K | $209K |
| Mar 2017 | $283K | $254K | $213K |
| Jun 2017 | $288K | $258K | $216K |
| Sep 2017 | $291K | $261K | $219K |
| Dec 2017 | $294K | $264K | $223K |
| Mar 2018 | $298K | $269K | $227K |
| Jun 2018 | $302K | $272K | $230K |
| Sep 2018 | $306K | $275K | $234K |
| Dec 2018 | $307K | $279K | $236K |
| Mar 2019 | $311K | $283K | $239K |
| Jun 2019 | $315K | $285K | $242K |
| Sep 2019 | $316K | $287K | $244K |
| Dec 2019 | $319K | $291K | $247K |
| Mar 2020 | $323K | $295K | $252K |
| Jun 2020 | $325K | $298K | $255K |
| Sep 2020 | $332K | $303K | $260K |
| Dec 2020 | $346K | $314K | $271K |
| Mar 2021 | $357K | $326K | $282K |
| Jun 2021 | $373K | $344K | $296K |
| Sep 2021 | $378K | $369K | $306K |
| Dec 2021 | $382K | $390K | $314K |
| Mar 2022 | $399K | $417K | $330K |
| Jun 2022 | $418K | $447K | $346K |
| Sep 2022 | $419K | $449K | $348K |
| Dec 2022 | $416K | $438K | $345K |
| Mar 2023 | $418K | $431K | $343K |
| Jun 2023 | $424K | $435K | $347K |
| Sep 2023 | $430K | $439K | $352K |
| Dec 2023 | $434K | $440K | $354K |
| Mar 2024 | $438K | $443K | $357K |
| Jun 2024 | $446K | $447K | $361K |
| Sep 2024 | $451K | $446K | $361K |
| Dec 2024 | $457K | $446K | $363K |
| Mar 2025 | $459K | $444K | $364K |
| Jun 2025 | $458K | $440K | $362K |
| Sep 2025 | $458K | $436K | $362K |
| Dec 2025 | $461K | $434K | $364K |
| Mar 2026 | $462K | $433K | $366K |
| Jun 2026 | $462K | $430K | $365K |
| Sep 2026 | $464K | $428K | $366K |
More about each city
- Cost of living in Charlottesville, VA
- Cost of living in Raleigh, NC
- Reverse: moving from Raleigh to Charlottesville
Related comparisons
What this comparison leaves out
- Taxes. State and local income, sales and property taxes can change the result a lot, especially between states.
- Neighborhoods. These are metro-wide averages; a city center and its outer suburbs can differ by more than two metros do.
- Your own spending mix. The default uses an average household. Use the housing slider above if rent is a bigger share of your budget.
- Timing. BEA price levels are for 2024; Zillow figures are monthly and newer.