Quality of Life in Raleigh, NC on a $136,160 Salary

Overview of Cost of Living

• Raleigh vs. National Average: Raleigh's cost of living is slightly higher than the national average but remains more affordable than many other metropolitan areas.
• Expense Categories:
  • Groceries and Utilities: Prices are generally close to the national average.
  • Transportation: Costs are reasonable due to a relatively well-maintained public transit system and road network.

Housing Market

• Median Home Prices: As of recent data, median home prices in Raleigh are around $400,000, which is higher than the national median but lower than other major tech hubs.
• Affordability: With a salary of $136,160, individuals can comfortably afford a home, though they may need to consider suburban areas for larger properties.
• Rental Market: The rental market is competitive, but prices are relatively moderate compared to larger cities, making it feasible to rent desirable properties on this income.

Quality of Life

• Lifestyle: The salary affords a good lifestyle, with ample disposable income for leisure and entertainment.
• Work-Life Balance: Raleigh offers a range of recreational activities and access to nature, which supports a balanced lifestyle.
• Cultural Scene: The city provides robust cultural and social opportunities, including museums, live music, and dining experiences.

Access to Healthcare

• Healthcare Facilities: Raleigh boasts excellent healthcare facilities, thanks to reputable institutions like Duke and UNC health systems.
• Insurance and Costs: Healthcare insurance options are robust, and with a $136,160 salary, managing healthcare costs is feasible.

Quality of K-12 Schools

• Public Schools: Raleigh has a mix of high-performing public schools, making it attractive for families.
• Private and Charter Schools: There are several reputable private and charter schools available for those seeking alternatives.
• Education Quality: The overall quality of education is strong, benefiting from North Carolina's focus on education and community involvement.

Summary of Assessment

Living in Raleigh, NC, on a $136,160 salary offers a relatively high quality of life with balanced living expenses. The housing market is approachable, especially with strategic choices between urban and suburban areas. Raleigh provides excellent healthcare and educational opportunities, making it an attractive place for professionals and families seeking both economic stability and an enriching lifestyle.