Quality of Life in Raleigh, NC with a $113,840 Salary

With a salary of $113,840, individuals residing in Raleigh, North Carolina enjoy a comfortable lifestyle, especially when compared to the broader United States. Below is an assessment of various aspects that contribute to the quality of life.

Cost of Living

• Overall Affordability:

  • The cost of living in Raleigh is generally more affordable than major metropolitan areas like New York or San Francisco.
  • Expenses such as groceries, utilities, and transportation fall below the national average, making day-to-day living manageable.

• Taxes:

  • North Carolina's state income tax is a flat rate, which benefits those with higher incomes.
  • Property taxes in Raleigh are relatively low, offering additional financial relief to homeowners.

Housing Market

• Home Prices:

  • While the housing market has seen growth, the median home price in Raleigh remains competitive compared to the nationwide average.
  • With a $113,840 salary, individuals can afford a comfortable home in a desirable neighborhood.

• Renting:

  • Renting is a viable option, with rental prices more accessible than in larger urban centers, providing flexibility in living arrangements.

Quality of Life

• Community and Environment:

  • Raleigh offers a vibrant community with numerous parks, recreational facilities, and cultural institutions.
  • The city's proximity to nature provides ample opportunities for outdoor activities, appealing to those who enjoy an active lifestyle.

• Work-Life Balance:

  • The city supports a balanced work-life environment, attributed to shorter commutes and a family-friendly atmosphere.

Access to Healthcare

• Healthcare Facilities:

  • Raleigh boasts excellent healthcare facilities, including renowned hospitals and medical centers.
  • Residents have access to a wide range of healthcare services and specialists, ensuring comprehensive medical care.

• Insurance and Costs:

  • Health insurance costs can vary, but many employers offer competitive packages that help offset expenses.

Quality of K-12 Schools

• Public Education:

  • The Wake County Public School System is known for its strong performance and diverse educational offerings.
  • Schools in Raleigh often have favorable student-teacher ratios and receive good ratings in academics and safety.

• Private and Charter Options:

  • There are numerous private and charter schools available, providing alternatives for families seeking specialized educational programs.

Summary of Assessment

Living in Raleigh, NC, on a salary of