Raleigh-Cary → New York-Newark-Jersey City

Moving from Raleigh-Cary to New York-Newark-Jersey City shifts your BEA Regional Price Parity from 98.2 to 112.6 (100 = US average), so a Raleigh-Cary salary needs to be multiplied by 1.15 to hold the same purchasing power in New York-Newark-Jersey City. On rent, HUD Fair Market Rent for a 2-bedroom goes from $1,750/month in Raleigh-Cary to $2,324/month in New York-Newark-Jersey City - a higher monthly bill of $574, or $6,888/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 $68,693 in Raleigh-Cary versus $87,148 in New York-Newark-Jersey City - a raw gap of $18,455 higher. The New York-Newark-Jersey City labor market has 9,414,820 tracked jobs against 725,130 in Raleigh-Cary, 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 Raleigh-Cary and New York-Newark-Jersey City are 365 and 380 per 100,000 (state-level). NCES student-teacher ratios run 15.8:1 at origin versus 11.8:1 at destination. DOL center-based infant care costs $9,487/year in Raleigh-Cary versus $13,869/year in New York-Newark-Jersey City. Our composite verdict - Less Favorable - weighs all seven federal sources; the dimension table below lets you override that with your personal priorities.