Quality of Life in Raleigh, NC on a $115,280 Salary

Cost of Living

• Moderate Living Costs:
  • Raleigh's cost of living is slightly above the national average but remains reasonable compared to other major U.S. cities.
  • The expense categories such as groceries, utilities, and transportation align closely with the national averages, making day-to-day expenses manageable.

Housing Market

• Competitive Real Estate:
  • Median home prices in Raleigh tend to be higher than the national average due to its growing popularity and demand.
  • Despite this, an income of $115,280 allows for a comfortable mortgage on a median-priced home, given current interest rates and lending conditions.

Quality of Life

• Balance of Urban and Suburban Living:
  • Raleigh offers a blend of urban amenities with suburban charm, including parks, culture, and dining options.
  • The city is known for its vibrant community life, with plenty of opportunities for social and recreational activities.

Access to Healthcare

• Robust Healthcare System:
  • Raleigh boasts several top-rated hospitals and healthcare facilities offering a wide range of services.
  • Access to quality medical care is generally excellent, with numerous specialists and general practitioners available.

Quality of K-12 Schools

• Strong Educational Outcomes:
  • The Raleigh area is home to several highly-rated K-12 schools, both public and private.
  • The region emphasizes education, with strong support for students through various academic programs and extracurricular activities.

Summary of the Assessment

Raleigh, NC offers a solid quality of life for individuals making $115,280 annually. While the housing market is competitive, earnings at this level afford the ability to purchase a home in a desirable area. The cost of living remains manageable, especially when compared to larger metropolitan areas. Access to high-quality healthcare and strong educational resources further enhance the living experience, making Raleigh an attractive city for families and professionals alike.