Quality of Life in Raleigh, NC at a $125,920 Income

Raleigh, North Carolina, offers a unique blend of southern charm, modern infrastructure, and a thriving professional environment. With an annual income of $125,920, an individual or household can expect a relatively comfortable lifestyle. Here's a breakdown of living in Raleigh within this income bracket compared to the broader United States:

Cost of Living

• Overall Index: Raleigh's cost of living is slightly below the national average, making it more affordable compared to many metropolitan areas in the U.S.
• Groceries and Dining Out: Food costs are generally reasonable, with a wealth of diverse dining options that cater to different budgets.
• Utilities: Rates for electricity, water, and other utilities are in line with the national average, allowing for predictable monthly expenses.

Housing Market

• Home Prices: As of late 2023, the median home price in Raleigh is higher than the national average, reflecting the city's growing desirability.
• Rental Costs: Renting is a viable option for those not looking to purchase, with rental prices also slightly above national figures but still reasonable for the income level.
• Property Taxes: Competitive property tax rates add to the overall affordability of homeownership in Raleigh.

Quality of Life

• Work-Life Balance: The city's diverse job market and the local emphasis on recreational activities support a balanced lifestyle.
• Cultural and Recreational Options: With museums, music venues, green spaces, and sports teams, Raleigh provides ample entertainment and relaxation opportunities.

Access to Healthcare

• Healthcare Facilities: Raleigh has excellent healthcare facilities, with several well-regarded hospitals and clinics.
• Insurance and Costs: Health insurance and out-of-pocket medical expenses are in line with national averages, making healthcare access both reliable and reasonably priced.

Quality of K-12 Schools

• Public Schools: Raleigh boasts a strong public school system with several schools receiving high ratings and various educational programs.
• Private and Charter Schools: Numerous private and charter schools offer additional educational choices, often associated with specialized curriculums or smaller class sizes.

Summary

Living in Raleigh, NC, with an income of $125,920 provides a high quality of life, characterized by a competitive cost of living and a vibrant housing market. The city supports a well-balanced lifestyle with rich cultural, recreational, and educational opportunities. Access to quality healthcare