Cost of LivingUpdated 2026-03-23

Raleigh, North Carolina

In Raleigh, North Carolina, a gallon of regular gas costs $3.73 as of 2026-03-23 — $0.28 above the national average of $3.45. The average monthly rent for all unit types is $1,600, compared to the national average of $1,900. Grocery inflation is running at 2.58% year-over-year. Since 2022, bread prices have increased significantly while egg prices have been volatile due to avian flu outbreaks. Raleigh's cost-of-living index of 102 puts it above the national average of 100.

Key Numbers

Gas (Regular)

$3.73

National: $3.45

6.7%vs. 2022
AAA Gas Prices

Avg Rent (All)

$1,600

National: $1,900

14.0%vs. 2022

Grocery Inflation

2.58%

Year-over-year

BLS/FRED CPI

Fast Food Avg

$13.00

Combo meal

5.5%YoY

Electricity

13.2¢/kWh

~$119/mo avg bill

18.5%vs national avg
EIA Residential

Car Insurance

$140/mo

$1,680/yr state avg

21.9%vs national avg
Bankrate/NAIC

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Grocery Prices

Grocery Item Prices — 2022 to Present

Item20222023202420252026Change
Eggs (dozen)Bird flu volatility$1.82$2.10$2.69$4.06$2.28+2960.0%
Milk (gallon)$3.64$3.93$3.97$4.13$4.17+630.0%
Ground Beef (lb)$3.87$4.75$4.99$5.24$5.40+39.5%
Bread (loaf)$2.18$2.91$3.17$3.33$3.43+1900.0%
Chicken Breast (lb)$3.73$3.99$4.07$4.11$4.07+2630.0%
Butter (lb)$4.24$4.70$4.89$5.14$5.35+26.2%
Bacon (lb)$6.30$6.80$7.28$7.50$7.88+25.1%
Cheddar Cheese (lb)$5.97$6.63$6.83$6.96$7.10+18.9%
Pasta (lb)$1.54$1.84$1.91$1.97$2.01+30.5%
Rice (5 lb)$4.07$4.73$4.97$5.17$5.33+31.0%
Coffee (12 oz)$8.59$10.41$11.24$11.92$12.40+44.4%
Orange Juice (64 oz)Citrus shortage$3.76$4.48$4.93$5.28$5.55+47.6%
Potatoes (5 lb)$3.92$4.07$4.15$4.19$4.32+10.2%
Apples (3 lb)$4.63$4.91$5.00$5.10$5.25+13.4%
Tomatoes (lb)$2.29$2.56$2.66$2.74$2.82+23.1%
Lettuce (head)$1.85$2.08$2.22$2.31$2.40+29.7%
Cooking Oil (48 oz)$5.61$7.01$7.57$7.79$7.95+41.7%
Yogurt (32 oz)$4.20$4.54$4.72$5.01$5.16+22.9%
Cereal (family size)$4.80$5.52$5.91$6.08$6.26+30.4%
Frozen Pizza$6.32$7.66$8.27$8.68$9.12+44.3%

Dining & Restaurants

Fast Food Meal

$13.00

Casual Dining

$25.00

Monthly Spend

$386.44

+5.47% YoY

Chain Restaurant Meal Prices — 2022 vs. Today

Combo meal / typical order for one

McDonald's

2022: $8.22

$13.26

+61.3%

Wendy's

2022: $9.28

$14.32

+54.3%

Chipotle

2022: $9.95

$14.85

+49.2%

Starbucks

2022: $4.42

$6.14

+38.9%

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