Quality of Life in Raleigh, NC on a $106,320 Salary
Living in Raleigh, NC, with a salary of $106,320 can provide a comfortable quality of life. Here's a detailed look at how this income compares to the cost of living, housing, access to healthcare, and quality of schools relative to the broader United States.
Cost of Living
- Overall Cost of Living: Raleigh's cost of living is slightly above the national average. Residents enjoy a balanced lifestyle with reasonable expenses on necessities.
- Groceries and Dining: Prices for groceries and dining options are close to national averages, offering a variety of choices that suit different budgets.
- Transportation: Costs for transport, including public transit and personal vehicle expenses, are moderate, contributing to a manageable daily commute.
Housing Market
- Home Prices: The median home price in Raleigh is higher than the national average but still affordable for those earning $106,320. The thriving real estate market offers both modern apartments and traditional homes.
- Rental Costs: Renting is also an option with competitive pricing, particularly in suburban areas, offering budget-friendly alternatives for individuals and families.
Quality of Life
- Community and Lifestyle: Raleigh offers a blend of urban and suburban living with a vibrant cultural scene, outdoor activities, and community events.
- Safety and Environment: The city is considered safe with clean, well-maintained neighborhoods, enhancing the overall living experience.
Access to Healthcare
- Healthcare Facilities: Raleigh boasts numerous top-rated hospitals and healthcare centers, providing residents with excellent access to medical services.
- Health Insurance and Costs: With the provided salary, healthcare costs are manageable, and a variety of insurance plans are available to accommodate different needs.
Quality of K-12 Schools
- Public Education: Raleigh's public schools are generally well-rated, offering strong educational programs and extracurricular activities.
- Private and Charter Schools: Numerous high-quality private and charter schools are available, providing diverse educational options for families.
Assessment Summary
Overall, earning $106,320 in Raleigh, NC, facilitates a comfortable lifestyle with access to quality housing, education, and healthcare. The city's community atmosphere, paired with a reasonable cost of living and robust economic growth, makes it an attractive destination for individuals and families alike.