Quality of Life in Raleigh, NC with an Income of $139,680

Overview

Raleigh, the capital city of North Carolina, is renowned for its vibrant culture, growing job market, and distinct Southern charm. With an annual income of $139,680, a resident can expect a comparatively comfortable lifestyle when considering the cost of living and housing market relative to the broader United States.

Cost of Living

• Lower than National Average: Raleigh's cost of living is generally lower than some major metropolitan areas, offering a more affordable lifestyle.
• Transportation and Utilities: Costs for transportation and utilities are moderate, contributing positively to disposable income.
• Groceries and Dining: Grocery prices are in line with the national average, while dining out can be slightly more affordable compared to larger cities.

Housing Market

• Moderate Home Prices: The median home price in Raleigh is approximately $440,000, which is relatively high but more affordable than cities like New York or San Francisco.
• Rent Prices: Renting is a viable option, with rental prices moderately priced compared to other U.S. metropolitan areas.

Quality of Life

• Work-Life Balance: The city offers numerous parks, cultural amenities, and recreational activities, enhancing the work-life balance for residents.
• Safety and Community: Raleigh is considered a family-friendly city with safe neighborhoods and active community involvement.

Access to Healthcare

• Quality Medical Facilities: Raleigh is home to reputable healthcare facilities, including several well-regarded hospitals and medical centers.
• Health Insurance Costs: While healthcare is readily accessible, insurance costs can mirror national averages, potentially influencing the overall budget.

Quality of K-12 Schools

• Reputable Education System: The city boasts a strong public school system with several high-performing schools, making it an attractive place for families.
• Private and Charter Schools: There are also options for private and charter schools, providing diverse educational opportunities.

Assessment Summary

With an income of $139,680, residents in Raleigh, NC, can enjoy a high quality of life, characterized by a reasonable cost of living, accessible healthcare, and quality educational systems. Housing remains relatively affordable compared to many major U.S. cities, allowing for both ownership and renting opportunities. The city's vibrant community and numerous recreational options further enhance its appeal as a livable and welcoming environment.