Quality of Life in Raleigh, NC on a $78,240 Salary

Summary of Cost of Living

• Overall Affordability: Raleigh’s cost of living is approximately on par with the national average. This means that a salary of $78,240 is reasonably sustainable.
• Essentials: The relatively balanced cost of essentials such as groceries, utilities, and transportation helps maintain a comfortable lifestyle.

Housing Market

• Median Home Prices: The median home price in Raleigh is slightly higher than the national median. However, owning a home is still attainable for those earning around $78,240.
• Rental Market: Rental costs are also moderately priced, making it feasible for individuals to rent while saving for future home ownership.

Quality of Life

• Community and Environment: Known for its green spaces and vibrant community, Raleigh offers a high quality of life with plenty of recreational opportunities.
• Work-Life Balance: The region’s growing job market and relatively short commute times contribute positively to work-life balance.

Access to Healthcare

• Healthcare Quality: Raleigh, home to top healthcare institutions and providers, offers excellent medical services that are accessible to residents.
• Insurance and Costs: Given the average salary, healthcare remains affordable, especially with employer-provided insurance.

Quality of K-12 Schools

• Education System: Raleigh is served by the Wake County Public School System, known for its high-ranking schools and diverse educational opportunities.
• Public and Private Options: Both public and private schooling options are available, offering families flexibility based on their preferences and resources.

Overall Assessment

The quality of life in Raleigh for someone earning $78,240 annually is well-aligned with the region’s overall cost of living. Affordable housing options, excellent educational systems, and access to robust healthcare make it an attractive place to live. The salary supports a comfortable lifestyle, enabling residents to enjoy the cultural and recreational benefits the city offers.