Quality of Life in Raleigh, NC with an Income of $164,880

Cost of Living

• Overall Affordability: Raleigh is generally more affordable compared to other major metropolitan areas in the U.S.
• Cost of Goods and Services: Slightly below the national average, allowing for greater discretionary spending.
• Utilities: Reasonably priced, contributing to a balanced household budget.

Housing Market

• Median Home Price: As of recent data, the median home price in Raleigh is slightly above the national average.
• Housing Affordability: With an income of $164,880, a comfortable range of housing options is accessible, from townhomes to single-family houses.
• Property Taxes: Moderate, offering some relief compared to higher-cost states.

Quality of Life

• Cultural and Recreational Opportunities: Abundance of parks, museums, and cultural events, enhancing community engagement.
• Climate: Mild winters and warm summers, ideal for outdoor activities year-round.
• Safety: Relatively low crime rates contribute to a high sense of security.

Access to Healthcare

• Healthcare Facilities: Numerous high-quality hospitals and clinics are available in and around Raleigh.
• Healthcare Costs: Competitive compared to national standards, though slightly higher than some Southern states.
• Insurance Coverage: Most residents find reasonable insurance options through employers or independent plans.

Quality of K-12 Schools

• Public Education: Consistently high rankings within the state, offering strong academic programs and extracurricular activities.
• Private and Charter Schools: A variety of alternative education options are also available, meeting diverse educational needs.
• Higher Education Opportunities: Proximity to major universities like NC State enhances educational perspectives.

Summary

Living in Raleigh, NC with an income of $164,880 offers a high quality of life, characterized by a balanced cost of living and good housing options. The area is enriched with cultural and recreational activities, supported by strong healthcare and educational facilities. While the housing market might be slightly above the national average, the cultural amenities, temperate climate, and robust infrastructure make Raleigh a desirable place to live for families and individuals alike.