City Comparison

Alexandria vs Raleigh

Cost of Living Comparison · 2026

Alexandria

Virginia
145
Expensive
$590,000
Median Home
$2,125/mo
Median Rent
$119,700
Median Income

Raleigh

North Carolina
102
Average
$370,000
Median Home
$1,500/mo
Median Rent
$67,266
Median Income

The Verdict

42.2%

The cost gap between these cities is 42.2%, with Raleigh being the more affordable option. A $75,000 income in Alexandria has equivalent purchasing power to $52,759 in Raleigh.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
201
Alexandria
107
Raleigh
Groceries
113
Alexandria
100
Raleigh
Utilities
97
Alexandria
94
Raleigh
Transportation
107
Alexandria
100
Raleigh
Healthcare
102
Alexandria
108
Raleigh

Salary Equivalence

A $75,000 salary in Alexandria has the same purchasing power as $52,759 in Raleigh.

Conversely, $75,000 in Raleigh equals $106,618 in Alexandria.

Living in Alexandria vs Raleigh

Housing Costs

Alexandria's housing index of 201 is higher Raleigh's 107, translating to median home prices of $590,000 vs $370,000. The $220,000 difference in home prices means roughly $14,304 per year in additional mortgage costs at current rates. Renters face a similar gap: $2,125/mo in Alexandria compared to $1,500/mo in Raleigh, a monthly difference of $625.

Grocery & Food Costs

Grocery expenses index at 113 in Alexandria and 100 in Raleigh. A household spending the national average of $475/month on groceries would pay approximately $537/month in Alexandria vs $475/month in Raleigh. Raleigh offers a meaningful advantage on everyday food costs, saving roughly $744/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 97 in Alexandria and 94 in Raleigh. Monthly utility bills average approximately $388 in Alexandria vs $376 in Raleigh. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 102 in Alexandria and 108 in Raleigh. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $119,700 in Alexandria and $67,266 in Raleigh. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $82,552 and $65,947 respectively. Alexandria residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $2,793/month to housing in Alexandria vs $1,570/month in Raleigh. In Alexandria, median rent of $2,125/mo fits within this budget. In Raleigh, median rent of $1,500/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 94 index points — focus your budget analysis there.

Frequently Asked Questions

Raleigh is 42.2% more affordable overall with an index of 102 vs 145.
A $75,000 salary in Alexandria has equivalent purchasing power to approximately $52,759 in Raleigh, based on the cost of living difference.
Alexandria's housing index is 201 with median homes at $590,000, while Raleigh's is 107 with median homes at $370,000.

Moving & Relocation Resources

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