Quality of Life in Raleigh, NC on a $126,400 Salary
Raleigh, North Carolina, is a thriving city in the heart of the Research Triangle, known for its vibrant culture, economic opportunities, and quality of life. Here's a breakdown of the quality of life for someone earning $126,400 per year, along with an overview of living costs and other essential factors.
Cost of Living
- Overall Cost: Raleigh's cost of living is slightly above the national average but remains affordable relative to incomes, especially for higher earners.
- Utilities and Groceries: Utility costs are generally in line with national averages, while grocery prices are marginally lower than in other large urban areas.
- Transportation: Reasonable fuel prices and a less congested commute compared to larger metropolitan areas, adding to the overall cost-efficiency.
Housing Market
- Home Prices: The median home price in Raleigh is around $400,000, which is competitive given the national median of approximately $430,000.
- Renting: Rental prices have been rising but are still reasonable, especially compared to other tech-driven cities.
- Investment Potential: With rising demand, properties in Raleigh often appreciate well, providing solid investment opportunities.
Quality of Life
- Recreation and Leisure: Abundant parks, outdoor activities, and close proximity to both beaches and mountains provide ample leisure opportunities.
- Cultural Scene: A rich arts and music scene, with many museums, galleries, and live performance venues.
- Community: A welcoming atmosphere with strong community engagement and cultural diversity.
Access to Healthcare
- Healthcare Facilities: Raleigh boasts several top-rated hospitals and healthcare systems, such as UNC Health and Duke University Health System.
- Insurance and Costs: While healthcare costs can be high, the quality of care and access to specialists in the area are significant advantages.
Quality of K-12 Schools
- Public Schools: Many of Raleigh's public schools have strong performance metrics and offer diverse programs.
- Private and Charter Schools: Numerous private and charter schools provide alternative educational options, often with specialized curriculums.
- Higher Education: Proximity to several prestigious universities enriches the academic environment for K-12 students.
Summary
Living in Raleigh on a salary of $126,400 offers a high quality of life, especially because of the reasonable cost of living relative to income
