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City 2:

๐Ÿ’ก Smart Analysis

Comparing Charlotte and Raleigh: Average gross pay is 5% higher in Raleigh. Cost of living is 1% cheaper in Charlotte. Both cities offer nearly identical purchasing power margins.

Category Comparison
๐Ÿ‡บ๐Ÿ‡ธ
Charlotte
๐Ÿ‡บ๐Ÿ‡ธ
Raleigh

๐Ÿ’ฐ Gross Salaries & Ranges

Average Gross Salary (Annual)
The primary average salary across experience ranges
$105,000/yr
$110,000/yr
HIGHER
Junior Developer Pay
$62,000
$65,000
Mid-Level Developer Pay
$92,000
$96,000
Senior Developer Pay
$136,000
$142,000
Lead / Architect Pay
$170,000
$178,000

๐Ÿ  Monthly Cost of Living

Rent โ€” City Center (1 Bed)
$1,620
$1,650
Rent โ€” Suburbs (1 Bed)
$1,030
$1,050
Groceries (Monthly)
$460
$462
Public Transport Pass
$70
$65
Utilities (Electricity, Internet)
$225
$222
Estimated Cost of Living
Rent center, groceries, transport plans & hobbies included
$3,478/mo
CHEAPER
$3,520/mo

๐Ÿงพ Tax rates & Take-home

Average Income Tax Rate
7%
5%
Social Security Deduction
8%
8%
Monthly Take-home (After Tax)
Estimated direct net monthly deposit based on mid-level pay
$6,390/mo
$6,880/mo

๐Ÿ“Š Affordability & Savings

Affordability Index
Score out of 10 comparing local net pay to costs
6.8
6.8
Monthly Savings Potential
Money left over after all standard cost of living expenses
$2,912/mo
$3,360/mo
Months to Save $10,000
~4 months
~3 months
๐Ÿ‡บ๐Ÿ‡ธ Complete Charlotte Breakdown & Charts โ†’ ๐Ÿ‡บ๐Ÿ‡ธ Complete Raleigh Breakdown & Charts โ†’