Quality of Life in Raleigh, NC for an Income of $139,040
Raleigh, NC, often praised for its Southern charm and modern amenities, offers a relatively comfortable lifestyle for residents earning $139,040 annually. Here's an overview of how this income aligns with the cost of living, housing market, and overall quality of life compared to the broader United States.
Cost of Living
- General Overview: Raleigh's cost of living is slightly above the national average but remains manageable.
- Key Expenses:
- Food and Dining: Prices are similar to the national average, with a mix of affordable and upscale dining options.
- Utilities: Generally reasonable, aligning closely with national averages.
- Transportation: Costs can be moderate due to the city's expanding public transport network, but many residents still rely on personal vehicles.
Housing Market
- Home Prices: The median home price in Raleigh is higher than the national average, reflecting its growth and desirability.
- Types of Housing: A variety of options are available, including single-family homes, townhouses, and apartments.
- Market Conditions: The housing market is competitive, driven by demand from young professionals and families relocating to the area.
Quality of Life
- Cultural and Recreational Opportunities: Raleigh is known for its vibrant arts scene, abundance of parks, and recreational activities.
- Crime Rate: Generally low, contributing to a sense of safety and peace of mind for residents.
- Employment Opportunities: A thriving job market, especially in tech, education, and healthcare sectors.
Access to Healthcare
- Healthcare Quality: Raleigh boasts excellent healthcare facilities, including renowned hospitals and research centers.
- Healthcare Costs: Prices can be higher than average, but quality of care often justifies the expense.
Quality of K-12 Schools
- Public Education: Raleigh's public schools are highly rated, with several schools receiving national recognition for excellence.
- Higher Education: Proximity to institutions like Duke University and the University of North Carolina enhances educational opportunities for families.
Assessment Summary
Overall, an annual income of $139,040 in Raleigh, NC, can afford a high quality of life. The cost associated with housing and healthcare is somewhat elevated compared to the national average, but the robust job market, excellent schooling options, and vibrant cultural life provide ample compensatory benefits. Raleigh offers a
