Quality of Life in Raleigh, NC on an Annual Salary of $126,560

Raleigh, NC is known for its vibrant community, growing tech industry, and high quality of life. Earning an annual salary of $126,560 places residents in a comfortable position to enjoy the amenities and opportunities the city has to offer. Here's an assessment of how this income translates into quality of life in Raleigh relative to the broader United States.

Cost of Living

• Overall Cost of Living:

  • Raleigh's cost of living is slightly lower than the national average. This means that your higher income will stretch further here compared to many other urban areas in the U.S.
  • Daily expenses such as groceries, public services, and transportation are moderately priced.

• Comparative Affordability:

  • Utilities and healthcare costs are in line with the national averages, contributing to manageable living expenses.

Housing Market

• Home Prices:

  • The median home price in Raleigh is competitive, with current prices hovering around national median levels. This makes home ownership attainable for individuals with a salary of $126,560.
  • There is a diverse range of housing options from urban apartments to suburban single-family homes, catering to various lifestyle preferences.

• Rental Market:

  • For those preferring to rent, the market offers a balance of affordability and accessibility with a variety of options in different neighborhoods.

Quality of Life

• Work-Life Balance:

  • Raleigh places a strong emphasis on work-life balance, with many jobs offering flexible working conditions and ample vacation time.

• Cultural and Recreational Activities:

  • The city boasts numerous parks, museums, and cultural events. Residents can enjoy outdoor activities in various green spaces and riverside trails.

Access to Healthcare

• Healthcare Services:
  • Raleigh is home to several top-rated hospitals and medical centers, providing high-quality healthcare services.
  • Health insurance costs, as part of the cost of living, are in line with national averages, ensuring residents have access to necessary medical care.

Quality of K-12 Schools

• Education System:

  • Raleigh offers a robust K-12 education system with a mix of public, charter, and private schools.
  • The city's schools are generally well-rated, offering strong academic programs and extracurricular activities.

• Higher Education Opportunities:

  • Proximity to universities such as North Carolina State University adds to educational opportunities