Compare the Cost of Living

UNC-Chapel Hill is one of the most affordable public research universities for graduate education. This can mean smaller loans, less need for funding, and more money for other things. Less financial burden now translates into more financial freedom after you graduate.

We've used the ERI Cost of Living Comparison Calculator to compare the cost of living in the Chapel Hill, NC area to UNC-Chapel Hill's official peer universities.

The cost of living in Chapel Hill is 109% of the U.S. norm. In other words, it is 9% higher than the U.S. national average.

If you are comparing funding awards or financial aid packages, consider how far funding will go in each city. For example, for every $10,000 from UNC-Chapel Hill, you would need almost $21,447 from a school in Berkeley, CA, where the cost of living is 234% higher than the U.S. national average.

But the affordable cost of living is just part of what it means to be a Tar Heel.

It also means being a part of a vibrant campus and community, while still being close to urban areas like Raleigh and Durham. UNC-Chapel Hill graduate students enjoy many opportunities for professional development and networking. Chapel Hill is close to many private, non-profit, and government employers.

Comparison School City Cost-of-living as compared to U.S. norm Amount needed to match $10,000 in Chapel Hill
University of Virginia Charlottesville, VA 104% $9,513
University of North Carolina-Chapel Hill Chapel Hill, NC 109% $10,000
University of Michigan-Ann Arbor Ann Arbor, MI 114% $10,408
University of Pittsburgh Pittsburgh, PA 121% $11,071
University of Wisconsin-Madison Madison, WI 131% $12,005
The University of Texas at Austin Austin, TX 131% $12,059
University of Maryland-College Park College Park, MD 149% $13,639
Northwestern University Evanston, IL 149% $13,702
University of Minnesota-Twin Cities Minneapolis, MN 160% $14,653
Johns Hopkins University Baltimore, MD 163% $14,997
University of Pennsylvania Philadelphia, PA 168% $15,386
University of Washington-Seattle Seattle, WA 190% $17,468
University of Southern California Los Angeles, CA 214% $19,706
University of California-Los Angeles Los Angeles, CA 214% $19,706
University of California-Berkeley Berkeley, CA 234% $21,447

Source: Economic Research Institute, Cost of Living Comparison Calculator

Data current as of: March, 2019