City Comparison

Cary vs Gresham

Cost of Living Comparison · 2026

Cary

North Carolina
106
Above Average
$500,000
Median Home
$1,850/mo
Median Rent
$117,400
Median Income

Gresham

Oregon
128
Expensive
$459,000
Median Home
$1,450/mo
Median Rent
$69,600
Median Income

The Verdict

17.2%

Living in Cary costs 17.2% less than Gresham. To match the purchasing power of a $75,000 salary in Cary, you would need $90,566 in Gresham.

Category-by-Category Breakdown

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

Housing
152
Cary
172
Gresham
Groceries
101
Cary
101
Gresham
Utilities
97
Cary
96
Gresham
Transportation
89
Cary
126
Gresham
Healthcare
113
Cary
103
Gresham

Salary Equivalence

A $75,000 salary in Cary has the same purchasing power as $90,566 in Gresham.

Conversely, $75,000 in Gresham equals $62,109 in Cary.

Living in Cary vs Gresham

Housing Costs

Cary's housing index of 152 is lower Gresham's 172, translating to median home prices of $500,000 vs $459,000. The $41,000 difference in home prices means roughly $2,664 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,850/mo in Cary compared to $1,450/mo in Gresham, a monthly difference of $400.

Grocery & Food Costs

Grocery expenses index at 101 in Cary and 101 in Gresham. A household spending the national average of $475/month on groceries would pay approximately $480/month in Cary vs $480/month in Gresham. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 97 in Cary and 96 in Gresham. Monthly utility bills average approximately $388 in Cary vs $384 in Gresham. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 113 in Cary and 103 in Gresham. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 10-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $117,400 in Cary and $69,600 in Gresham. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $110,755 and $54,375 respectively. Cary residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $2,739/month to housing in Cary vs $1,624/month in Gresham. In Cary, median rent of $1,850/mo fits within this budget. In Gresham, median rent of $1,450/mo remains manageable. The biggest category-level difference between these two cities is Transportation, where the gap is 37 index points — focus your budget analysis there.

Frequently Asked Questions

Cary is 17.2% more affordable overall with an index of 106 vs 128.
A $75,000 salary in Cary has equivalent purchasing power to approximately $90,566 in Gresham, based on the cost of living difference.
Cary's housing index is 152 with median homes at $500,000, while Gresham's is 172 with median homes at $459,000.

Moving & Relocation Resources

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