Quality of Life in Raleigh, NC on a $98,640 Salary

With a $98,640 annual salary, living in Raleigh, North Carolina provides a fairly comfortable lifestyle when compared to the broader United States. Below, we assess various factors contributing to the quality of life in the area.

Cost of Living

• Comparison to National Average: Raleigh's cost of living is slightly above the national average but remains lower than many major U.S. cities.
• Transportation: Public transportation is available, and the cost of owning a vehicle is moderate, with fuel prices on par with national averages.
• Food and Dining: Grocery prices are reasonable, and the city offers a diverse selection of dining options, often cheaper than in larger metropolitan areas.

Housing Market

• Home Prices: As of the latest data, the median home price in Raleigh is higher than the national median but remains more affordable than in cities like New York or San Francisco.
• Rental Market: Rental prices are increasing due to high demand, but there are still options available that are affordable on a $98,640 salary.
• Market Trends: The housing market remains competitive due to high demand, partly fueled by an influx of residents seeking the area's strong economy and lifestyle offerings.

Quality of Life

• Cultural Amenities: Raleigh boasts a vibrant cultural scene, including museums, music venues, and theaters.
• Recreational Opportunities: The city offers numerous parks, green spaces, and outdoor activities, contributing to a high quality of life.
• Community and Safety: Raleigh is known for its friendly community and relatively low crime rate, enhancing its appeal as a place to live.

Access to Healthcare

• Healthcare Facilities: Raleigh is home to several highly regarded healthcare institutions and hospitals.
• Medical Costs: Healthcare expenses are consistent with national averages, but access to quality care is an advantage of the area.

Quality of K-12 Schools

• Public Education: The Wake County Public School System serves the area and is considered one of the better public education systems in the state.
• Private and Charter Schools: Numerous private and charter school options provide alternatives for families seeking specialized education environments.

Summary of the Assessment

Living in Raleigh, NC, on an income of $98,640 allows for a substantial quality of life. Although the cost of living and housing costs are slightly above average, they remain manageable compared to other large U.S. cities. Residents benefit from a