Quality of Life Assessment in Raleigh, NC

Overview

• Annual Salary: $114,400
• City: Raleigh, North Carolina
• Comparison: Relative to broader United States

Cost of Living

• Overall Cost of Living Index: Below national average

  • Groceries: Slightly below national average
  • Utilities: Competitive with national average
  • Transportation: Affordable, with a well-connected network and lower costs

• Taxes: Reasonable state income tax rate contributing to manageable overall living expenses

Housing Market

• Median Home Price: Slightly lower than the national average

  • Offers a variety of housing options, from urban apartments to suburban homes
  • Growing real estate market, with a trend of increasing property values

• Rental Market: Competitive rates, with availability in diverse neighborhoods

Quality of Life

• Community and Culture: Vibrant arts scene, diverse cultural activities, and a strong sense of community engagement
• Outdoor and Recreation: Numerous parks, greenways, and close proximity to both beaches and mountains

Access to Healthcare

• Healthcare Facilities: High-quality healthcare systems and renowned hospitals, such as the Duke University Health System
• Health Services: Ample primary care providers and specialists available, with relatively short wait times

Quality of K-12 Schools

• Public Schools: Generally high-performing with several schools ranking above the national average

  • Strong STEM programs and extracurricular activities
  • Commitment to educational innovation and diversity

• Private Schools: Multiple acclaimed institutions offering alternative education options

Assessment Summary

At an annual salary of $114,400, an individual living in Raleigh, NC, can expect a high quality of life compared to many parts of the United States. The cost of living in Raleigh is manageable, with the city offering affordable housing and competitive living expenses. While the real estate market is growing, it remains relatively accessible. Raleigh's robust healthcare system and quality educational institutions enhance its appeal as a desirable place to live. Overall, the city provides a well-rounded, fulfilling lifestyle with excellent cultural, educational, and recreational opportunities.