Quality of Life in Raleigh, NC on a $104,400 Salary

Living in Raleigh, NC on an annual salary of $104,400 provides a comfortable lifestyle when compared to both local and national averages. This income supports a balanced life, factoring in housing, cost of living, education, and healthcare. Below is an assessment of these aspects.

Cost of Living

• General Overview:
  • Raleigh's cost of living index is slightly below the national average, making it an affordable city for its size and amenities.
  • Essentials like groceries, transportation, and utilities tend to be modest compared to larger metropolitan areas.

Housing Market

• Affordable Housing:
  • The median home price in Raleigh is generally lower than other major US cities, providing opportunities for homeownership.
  • Rent prices are reasonable, with various options from urban apartments to suburban homes.
• Market Trends:
  • The housing market is competitive due to a growing population, but still accessible for those with a stable income like $104,400.

Quality of Life

• Community and Culture:
  • Raleigh offers a vibrant culture with numerous parks, recreational activities, and a thriving arts scene.
  • The city is known for its "Research Triangle," fostering a strong job market and educational opportunities.

Access to Healthcare

• Healthcare Facilities:
  • Residents have access to quality healthcare with several renowned hospitals and medical centers.
  • Health insurance costs and services are in line with national averages, ensuring essential medical services are accessible.

Quality of K-12 Schools

• Educational Standards:
  • The public school system in Raleigh is well-rated, with numerous options for K-12 education.
  • Many schools offer advanced placement programs and extracurricular activities, supporting comprehensive child development.

Summary

Taking into consideration the cost of living, housing, education, healthcare, and quality of the local community, Raleigh offers a high quality of life for individuals earning $104,400 per year. The income allows comfortable housing choices, access to good educational and healthcare services, and participation in a vibrant cultural scene. Overall, Raleigh, NC provides an advantageous balance of affordability and lifestyle, making it an attractive place for professionals and families alike.