Is Carrboro Expensive?

Raleigh, United States

+10% vs Raleigh avg

Living in Carrboro, Raleigh

Carrboro is a moderately-priced area within Raleigh, with a cost of living index of 64.5 — that is +10% compared to the Raleigh average. It sits around the middle of the pack at #10 out of 30 neighborhoods. Estimated rent for a one-bedroom apartment here is around $1,595/month, compared to a range of $986 in Zebulon to $1,812 in Chapel Hill.

Monthly Budget Breakdown

For a typical resident of Carrboro, housing takes up roughly 50% of monthly expenses. Food and groceries account for about 15%, while transportation costs around 8%. To live comfortably here — meaning rent stays at or below 30% of gross income — you would need an annual salary of approximately $63,800 before tax.

Typical Salaries in Carrboro

Salaries in Carrboro reflect the local cost of living. Based on the neighborhood COLI of 64.5:

After tax and deductions of 23.9% in United States, take-home pay for someone earning $63,800 would be roughly $48,552/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

64.5
COLI Index
1.10x
vs City Avg
$1,595
Est. 1BR Rent
#10
of 30 Areas
23.9%
Total Deductions

Tax & Deductions in Carrboro

Estimated annual deductions on a $48,375 salary in Carrboro, Raleigh (local employee).

Income Tax
12%
Social Security + Medicare (FICA)
7.6%
State Income Tax (NC)
4.5%
Total Deductions: 23.9%
Est. Take-Home: $36,802/yr

Rates shown are for a local employee. Use the salary converter for expat calculations.

Salary Equivalents

What a $75,000 USD salary in Carrboro would need to be elsewhere:

City Currency Equivalent
New York USD $48,375
London GBP £41,631
Dubai AED AED 242,058

Other Neighborhoods in Raleigh

Neighborhood COLI Multiplier vs Avg
Chapel Hill 73.2 1.25x +25%
Glenwood South 71.5 1.22x +22%
Downtown Raleigh 70.3 1.20x +20%
North Hills 69.1 1.18x +18%
ITB (Inside the Beltline) 69.1 1.18x +18%

View all 30 neighborhoods in Raleigh →

Convert Your Salary

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Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Carrboro:

Southwest Minneapolis, Minneapolis Grant Park, Atlanta Neuhausen, Munich Plaza Midwood, Charlotte Wesley Heights, Charlotte Mont Boron, Nice

Frequently Asked Questions

Is Carrboro expensive in Raleigh?

Yes, Carrboro is one of the more expensive neighborhoods in Raleigh. It costs about +10% more than the city average, ranking #10 out of 30 neighborhoods.

How does Carrboro compare to the Raleigh average?

The cost of living in Carrboro is above the Raleigh average. With a multiplier of 1.10x, everyday expenses including rent, food, and transportation are +10% compared to the city baseline.

Data Sources: Cost of living indices based on crowd-sourced price data and official statistics. Tax calculations follow 2026 rates. Sources include U.S. Bureau of Labor Statistics · U.S. Census Bureau · OECD Better Life Index. Figures are estimates and may vary based on individual circumstances.