Quality of Life Assessment for Raleigh, NC

Income Overview

• Annual Income: $138,720
• Position Relative to National Median: Significantly higher than the national median household income, providing a comfortable standard of living.

Cost of Living

• Overall Cost of Living: Slightly above the national average, but remains manageable with the specified income.
• Groceries and Dining: Prices are relatively moderate, similar to the national average.
• Utilities and Transportation: Costs are in line with or slightly below national standards, with minor variations based on personal usage.

Housing Market

• Median Home Price: Approximately $400,000, which is competitive compared to bigger metropolitan areas.
• Affordability: For an income of $138,720, purchasing a median-priced home is feasible. Housing costs as a percentage of income are reasonable compared to the national scenario.

Quality of Life

• Community and Environment: Vibrant with a blend of urban and suburban attributes. Plenty of green spaces, parks, and recreational options.
• Cultural and Entertainment Opportunities: Rich in cultural venues including theaters, museums, and music festivals.
• Safety: Generally considered safe with a variety of neighborhoods that cater to different lifestyles.

Access to Healthcare

• Healthcare Facilities: High-quality healthcare services are available with several reputable hospitals and clinics.
• Insurance and Medical Costs: Competitive with national levels, often lower for some services due to state regulations and system efficiencies.

Quality of K-12 Schools

• School Options: A mix of public, private, and charter schools provides diverse educational opportunities.
• School Performance: Public schools in Raleigh typically perform above state and national averages; several schools are highly rated for academic achievement.

Summary of Raleigh's Living Quality

Living in Raleigh, NC, with an income of $138,720 offers a good quality of life. The cost of living and housing market align well with the income, allowing for financial flexibility and comfort. Residents enjoy a robust healthcare system and access to quality education, coupled with ample recreational and cultural activities, making it a desirable location for individuals and families alike.