Quality of Life in Raleigh, NC for a Salary of $158,560
Living in Raleigh, North Carolina, with an income of $158,560 annually can afford a comfortable lifestyle well-aligned with the city's cost of living and home prices compared to the broader United States.
Cost of Living
- Moderate Cost: Raleigh has a relatively moderate cost of living compared to many other major U.S. cities.
- Comparison to National Average: Generally, the cost of living in Raleigh is slightly above the national average, but residents benefit from a strong salary-to-expense ratio at this income level.
- Expenses Breakdown:
- Groceries and utilities are on par with or slightly below the national average.
- Transportation costs are reasonable, with a generally low commute time, reducing transportation-related stress.
Housing Market
- Home Prices: As of October 2023, the median home price in Raleigh is competitive and slightly below many larger metropolitan areas like New York or San Francisco.
- Purchasing Power: With this income, buying a comfortable home in a good neighborhood is highly feasible.
- Market Trends: The real estate market is competitive but stable, with a variety of options from urban condos to suburban family homes.
Quality of Life
- Community and Recreation: Raleigh offers a vibrant community with access to cultural events, parks, and recreational activities.
- Climate: Residents enjoy a favorable climate with four distinct seasons, enhancing outdoor lifestyles.
- Safety: Ranked as one of the safer cities of its size, contributing to peace of mind for families and individuals.
Access to Healthcare
- Healthcare Facilities: Raleigh boasts high-quality healthcare services with several renowned hospitals and medical centers.
- Insurance and Costs: With a salary of $158,560, healthcare costs, including insurance premiums, are easily manageable.
Quality of K-12 Schools
- Educational System: The city is home to a variety of highly regarded public and private school options.
- Educational Outcomes: Schools in Raleigh are known for good educational outcomes, diverse extracurricular activities, and strong community involvement.
- Higher Education: Proximity to esteemed higher education institutions like North Carolina State University enhances the educational landscape.
Summary Assessment
Living in Raleigh, NC, with a salary of $158,560 allows for an enriching quality of life. Residents benefit from a balanced cost of living, affordable housing,
