Quality of Life in Raleigh, NC for an Income of $145,920

Raleigh, NC, is a vibrant city known for its high quality of life, thanks to its favorable cost of living, thriving housing market, excellent educational institutions, and robust healthcare access. Below is an overview of what life might look like for someone earning $145,920 annually in Raleigh compared to the broader United States.

Cost of Living

• Overall Affordability: Raleigh's cost of living is typically lower than the national average. With an income of $145,920, residents can comfortably afford the basics and more.
• Utilities and Groceries: Utility and grocery costs are slightly below the national average, allowing for savings or discretionary spending.
• Transportation: Public transportation and commuting costs remain reasonable, making it an affordable city for both car owners and public transit users.

Housing Market

• Home Prices: The median home price in Raleigh is competitive compared to the national median, making homeownership accessible for someone earning $145,920.
• Availability: There is a variety of housing options, from downtown apartments to suburban single-family homes, catering to different preferences and lifestyles.
• Rental Market: Rental prices are moderate, offering affordable alternatives to home buying for those who prefer not to own.

Quality of Life

• Climate and Environment: Mild winters and warm summers make outdoor activities enjoyable year-round, contributing to a high quality of life.
• Cultural and Recreational Activities: Raleigh offers diverse cultural attractions, parks, and recreation facilities, enhancing residents' lifestyle and well-being.
• Community and Safety: Known for its welcoming community and low crime rates, Raleigh is considered a safe and friendly place to live.

Access to Healthcare

• Healthcare Facilities: The city is home to top-rated hospitals and healthcare providers, ensuring residents have access to high-quality medical services.
• Affordability: With a robust medical network, healthcare costs are competitive, and an income of $145,920 supports comprehensive healthcare coverage.

Quality of K-12 Schools

• Public Schools: Raleigh's public schools receive high marks for excellence in education, with strong academic programs and extracurricular offerings.
• Private and Charter Schools: Various options are available beyond the public system, allowing families to choose educational paths that best suit their needs.

Summary

For an individual or family making $145,920 annually