Quality of Life in Raleigh, NC with a $128,240 Annual Income
Living in Raleigh, NC, on an annual income of $128,240 provides a comfortable lifestyle, particularly when considering the cost of living and housing prices compared to the broader United States.
Cost of Living
- Below National Average: Raleigh has a cost of living that is typically slightly below the national average, allowing for better affordability in daily expenses and leisure activities.
- Utility and Transport: Energy bills and transportation costs are moderate, which helps balance out the overall cost of living.
- Affordable Groceries and Dining: Food prices, both in grocery stores and restaurants, are relatively reasonable.
Housing Market
- Moderate Home Prices: While housing costs have increased, they remain competitive compared to national averages, especially in major metropolitan areas.
- Diverse Housing Options: From suburban neighborhoods to modern downtown apartments, Raleigh offers a variety of housing options that cater to different preferences and budgets.
Quality of Life
- Vibrant Lifestyle: As a growing tech hub, Raleigh provides diverse job opportunities, cultural events, and recreational activities.
- Green Spaces: Residents can enjoy numerous parks and outdoor spaces for relaxation and physical activities.
- Community and Safety: The city is known for its friendly communities and relatively low crime rate, enhancing the quality of life.
Access to Healthcare
- Highly Rated Facilities: Raleigh is home to some renowned healthcare institutions, offering high-quality medical services and specialized care.
- Comprehensive Healthcare Access: With several hospitals and clinics in the area, residents have convenient access to diverse health services.
Quality of K-12 Schools
- Strong Public School System: Raleigh is served by several high-performing public schools, known for their excellent academic programs and extracurricular activities.
- Access to Private Education: Numerous private schools provide alternative education options with varied curriculums and specialized programs.
Summary
With an annual income of $128,240, a resident in Raleigh, NC can enjoy a high quality of life, marked by a balanced cost of living, moderate housing prices, and access to excellent healthcare and education. The city offers a blend of urban and suburban life, with vibrant cultural opportunities and a supportive community environment. Overall, Raleigh presents an attractive location for balancing career growth with a fulfilling personal life.