Fuquay Varina, NC vs. Cary, NC: Cost of Living Comparison (2025)
Which city gives you more for your money – Fuquay Varina or Cary? This article provides a detailed cost of living comparison to help families relocating, professionals choosing between job offers, or anyone comparing the real cost of living in these two Raleigh suburbs in 2025. All income figures are expressed in gross monthly income (pre-tax).
1. Housing Costs
Housing is often the biggest factor in cost of living. Here’s how typical rent and mortgage costs compare:
| Housing Type | Fuquay Varina | Cary |
|---|---|---|
| 2BR Apartment (Rent) | $1,450 | $1,800 |
| 3BR House (Mortgage) | $1,900 | $2,400 |
🏆 Winner: Fuquay Varina. Housing costs an estimated 19-24% less in Fuquay Varina compared to Cary. Cost of living in Fuquay Varina is lower across most housing types.
2. Utilities and Energy Costs
Expect utilities to average $180-220/month for a 2BR apartment in Fuquay Varina vs. $200-250 in Cary. Heating costs spike in winter while AC drives summer bills. Both cities offer off-peak utility plans.
🏆 Winner: Fuquay Varina. Utility costs tend to be 10-12% lower in Fuquay Varina.
3. Groceries and Daily Expenses
Grocery costs are fairly comparable between the two cities. Budget around $400/month for a couple. Dining out is about 5% cheaper in Fuquay Varina. See a full monthly budget breakdown for Fuquay Varina.
🏆 Winner: Fuquay Varina, but only slightly. Groceries and daily expenses are very similar.
4. Taxes and Fees
Fuquay Varina’s property tax rate is 0.4325% vs 0.35% in Cary. HOA fees range $100-300/month in both cities, often including amenities like pools and landscaping.
🏆 Winner: Cary. The lower property tax rate in Cary can save homeowners hundreds per year.
5. Cost Summary
| Category | Fuquay Varina | Cary |
|---|---|---|
| Housing (3BR mortgage) | $1,900 | $2,400 |
| Utilities | $200 | $225 |
| Groceries | $400 | $400 |
| Transportation | $300 | $250 |
| Taxes & Fees | $400 | $350 |
| Misc | $500 | $500 |
| Estimated Monthly Total | $3,700 in Fuquay Varina | $4,125 in Cary |
6. Lifestyle Fit
Fuquay Varina offers a quieter, small-town feel with more space between homes. Cary provides an easier commute to Research Triangle Park and has more walkable neighborhoods. Fuquay Varina gets about 2″ more rain per year than Cary.
7. FAQ
Q: Is Fuquay Varina more affordable than Cary?
A: Yes, the cost of living is an estimated 10% lower in Fuquay Varina compared to Cary, mainly due to cheaper housing.
Q: Which city has lower rent?
A: Rent prices are around 19% less in Fuquay Varina. Expect to pay $1,450 for a typical 2BR apartment vs. $1,800 in Cary.
Q: Where is it cheaper to buy a home?
A: Fuquay Varina. Mortgage payments on a 3BR house average $1,900/month compared to $2,400/month in Cary.
8. Conclusion
Fuquay Varina offers a lower overall cost of living, especially for housing, making it attractive for families and those prioritizing space. Cary’s location and amenities come with a higher price tag but may appeal to professionals valuing a shorter commute.
Considering other factors like moving costs is also important. Ultimately, both Fuquay Varina and Cary provide a high quality of life in the Raleigh area at different price points.