Quality of Life in Raleigh, NC on a $147,760 Annual Salary

Cost of Living

• Overall Cost of Living: Raleigh, NC, offers a relatively affordable cost of living compared to other major U.S. cities. While expenses are slightly above the national average, they remain manageable on a $147,760 salary.
• Groceries and Dining: Food expenses, both groceries and dining out, are often lower than in many metropolitan areas in the United States.
• Utilities: Utility costs, including electricity, water, and internet, are generally comparable to or slightly lower than the national average.
• Transportation: Public transportation options are limited, so many residents rely on personal vehicles. However, gas prices and public parking costs are reasonable.

Housing Market

• Home Prices: The median home price in Raleigh is below that of major cities like San Francisco or New York but has been increasing steadily due to demand. A $147,760 salary provides the ability to purchase a comfortable home.
• Renting: Renting in Raleigh is affordable relative to income, with a variety of options from downtown apartments to suburban homes.
• Property Taxes: Raleigh’s property taxes are moderate, ensuring reasonable long-term homeownership costs.

Quality of Life

• Community and Culture: Raleigh boasts a rich cultural scene with museums, theaters, and parks, enhancing the quality of life.
• Weather: The city enjoys a mild climate with four distinct seasons, making outdoor activities enjoyable year-round.
• Safety: Neighborhood safety varies, but overall, crime rates in Raleigh are comparable to or lower than many U.S. cities of similar size.

Access to Healthcare

• Healthcare Facilities: Raleigh is home to several reputable hospitals and clinics, offering high-quality healthcare services.
• Insurance and Costs: With a salary of $147,760, accessing health insurance and healthcare services is affordable and provides a good standard of care.

Quality of K-12 Schools

• Public Schools: Raleigh’s public schools are typically well-rated, with many schools offering advanced placement and extracurricular programs.
• Private and Charter Schools: Numerous private and charter school options are available, providing additional educational opportunities to families able to afford them.

Summary

Living in Raleigh, NC, on an annual salary of $147,760 offers a comfortable lifestyle. The cost of living is manageable, the housing market is accessible