Memphis → Raleigh-Cary

Moving from Memphis to Raleigh-Cary shifts your BEA Regional Price Parity from 92.2 to 98.2 (100 = US average), so a Memphis salary needs to be multiplied by 1.06 to hold the same purchasing power in Raleigh-Cary. On rent, HUD Fair Market Rent for a 2-bedroom goes from $1,274/month in Memphis to $1,750/month in Raleigh-Cary - a higher monthly bill of $476, or $5,712/year. That rent delta alone is often the single biggest line item when relocating.

Wages tell the other half. BLS Occupational Employment and Wage Statistics report a median salary of $65,102 in Memphis versus $68,693 in Raleigh-Cary - a raw gap of $3,591 higher. The Raleigh-Cary labor market has 725,130 tracked jobs against 597,090 in Memphis, shaping how easy it is to find a comparable role. Combine that with the cost-of-living shift above and you get the real purchasing-power delta, sometimes a "higher salary" is actually a pay cut once rent and RPP are applied.

Safety, schools, and childcare round out the move. FBI UCR violent crime rates near Memphis and Raleigh-Cary are 602 and 365 per 100,000 (state-level). NCES student-teacher ratios run 15.3:1 at origin versus 15.8:1 at destination. DOL center-based infant care costs $7,860/year in Memphis versus $9,487/year in Raleigh-Cary. Our composite verdict - Less Favorable - weighs all seven federal sources; the dimension table below lets you override that with your personal priorities.