Quality of Life in Raleigh, NC on a $192,560 Annual Income

With an annual income of $192,560, an individual residing in Raleigh, NC, can expect a quality of life that offers relative comfort and above-average standards when compared to many parts of the United States. Below is an analysis of various factors such as cost of living, housing market, healthcare access, and education quality, which all contribute to the overall quality of life in Raleigh.

Cost of Living

• Overall Cost: The cost of living in Raleigh is slightly above average compared to the broader United States, yet it remains more affordable than many major metropolitan areas.
• Expenses: Expenses such as groceries, utilities, and transportation generally hover around or slightly below the national average.
• Discretionary Spending: Individuals earning $192,560 can expect to have a healthy budget for discretionary spending, including dining, entertainment, and leisure activities.

Housing Market

• Affordability: The median home price in Raleigh is higher than the national average but significantly lower than in other major cities like San Francisco and New York City.
• Variety: The housing market offers a range of options from urban apartments to suburban single-family homes, catering to various lifestyle preferences.
• Investment Potential: With a growing tech hub and increasing demand, Raleigh's real estate market presents excellent investment opportunities.

Quality of Life

• Cultural Amenities: Residents have access to a thriving arts scene, diverse cuisine, and numerous parks and recreational activities.
• Community: Raleigh offers a blend of Southern hospitality and progressive attitudes, making it a vibrant and welcoming community.
• Safety: The city's crime rate is relatively low, contributing to a general sense of safety and well-being among residents.

Access to Healthcare

• Healthcare Services: Raleigh hosts several top-notch medical facilities, providing excellent healthcare services and specialized medical care.
• Insurance and Costs: Health insurance coverage options are broad, with competitive rates for employer-sponsored plans, making healthcare accessible and affordable.

Quality of K-12 Schools

• Public Education: Raleigh's public schools are generally highly rated, with numerous schools performing above average on standardized testing.
• Private and Charter Schools: There are also several reputable private and charter schools that provide alternative education options for families.
• Extracurricular Opportunities: The school system offers a diverse range of extracurricular activities, including arts