Quality of Life in Raleigh, NC on an Income of $112,480
Living in Raleigh, NC with an annual income of $112,480 offers a comfortable lifestyle, especially when compared to the broader United States. Below is an assessment of the cost of living, housing market, quality of life, healthcare access, and K-12 school quality.
Cost of Living
- Overall Expenses: Raleigh's cost of living is generally in line with national averages but can be slightly higher in some areas like housing.
- Groceries and Utilities: Prices for groceries and utilities are reasonable, allowing residents to maintain a balanced budget.
- Transportation: Costs here are aligned with or slightly below the national average, with public transport options available to reduce personal vehicle expenses.
Housing Market
- Home Prices: Median home prices in Raleigh are higher than the national average, but the city offers a range of housing options from affordable to upscale, catering to various income levels.
- Rental Market: The rental market also reflects a similar trend, with rent prices higher than average yet offering a variety of options and neighborhoods.
Quality of Life
- Entertainment and Leisure: Raleigh provides a diverse range of amenities including parks, cultural attractions, and dining experiences.
- Climate: With a mild climate, outdoor activities are accessible year-round, contributing positively to residents' lifestyles.
- Community: Known for its friendly and welcoming community atmosphere, Raleigh offers a vibrant and dynamic social scene.
Access to Healthcare
- Healthcare Facilities: Raleigh has strong healthcare infrastructure with several quality hospitals and clinics.
- Insurance: A variety of health insurance options are available, typically within reach of someone earning a salary such as $112,480.
Quality of K-12 Schools
- Education System: The K-12 schools in Raleigh are highly regarded, with a mix of public and private options providing excellent educational opportunities.
- School Ratings: Many schools receive above-average ratings, reflecting a solid commitment to high standards in student education.
Summary
An annual salary of $112,480 in Raleigh, NC, affords a comfortable lifestyle with access to quality housing, healthcare, and education. While some costs, particularly housing, are above national averages, the city's amenities and community strength provide a high quality of life.