Is Cary Expensive?

Raleigh, United States

+5% vs Raleigh avg

Living in Cary, Raleigh

Cary is a moderately-priced area within Raleigh, with a cost of living index of 61.5 — that is +5% compared to the Raleigh average. It sits around the middle of the pack at #12 out of 30 neighborhoods. Estimated rent for a one-bedroom apartment here is around $1,522/month, compared to a range of $986 in Zebulon to $1,812 in Chapel Hill.

Monthly Budget Breakdown

For a typical resident of Cary, housing takes up roughly 47% 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 $60,900 before tax.

Typical Salaries in Cary

Salaries in Cary reflect the local cost of living. Based on the neighborhood COLI of 61.5:

After tax and deductions of 23.6% in United States, take-home pay for someone earning $60,900 would be roughly $46,528/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

61.5
COLI Index
1.05x
vs City Avg
$1,522
Est. 1BR Rent
#12
of 30 Areas
23.6%
Total Deductions

Tax & Deductions in Cary

Estimated annual deductions on a $46,125 salary in Cary, Raleigh (local employee).

Income Tax
11%
Social Security + Medicare (FICA)
7.6%
State Income Tax (NC)
4.5%
Total Deductions: 23.6%
Est. Take-Home: $35,218/yr

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

Salary Equivalents

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

City Currency Equivalent
New York USD $46,125
London GBP £39,694
Dubai AED AED 230,800

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

See exactly what you need to earn in Cary, Raleigh to maintain your lifestyle.

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Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Cary:

Thalkirchen, Munich Plateau Mont-Royal, Montreal North Loop, Austin Crestview, Austin St. Paul (Cathedral Hill), Minneapolis Tenjin, Fukuoka

Frequently Asked Questions

Is Cary expensive in Raleigh?

Cary is near the city average for Raleigh. Costs are about +5% vs the average, making it a mid-range neighborhood.

How does Cary compare to the Raleigh average?

The cost of living in Cary is above the Raleigh average. With a multiplier of 1.05x, everyday expenses including rent, food, and transportation are +5% 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.