Quality of Life in Raleigh, NC for an Income of $128,720

Cost of Living

• Overall Affordability: Raleigh boasts a cost of living slightly below the national average, which allows a salary of $128,720 to stretch further compared to many metropolitan areas.
• Expense Breakdown:
  • Groceries: Prices are generally in line with the national average.
  • Transportation: Costs are moderate, with public transit options available but limited compared to larger cities.
  • Utilities: These are reasonably priced and typically constitute a smaller portion of one's budget.

Housing Market

• Current Market Trends:
  • Raleigh's housing market has been increasingly competitive due to its growing population and robust job market.
  • Despite this, housing costs remain more affordable than in many major cities, making homeownership a viable option at this income level.
• Average Home Prices: Typically range below the national median, allowing for a comfortable lifestyle without overextending finances.

Quality of Life

• Work-Life Balance: Raleigh offers a balanced lifestyle with numerous outdoor activities, cultural events, and community gatherings, contributing to a high quality of life.
• Safety and Environment: The area is known for its safety and clean environment, enhancing overall living conditions.

Access to Healthcare

• Healthcare Facilities: Raleigh hosts a number of top-rated hospitals and clinics, providing excellent healthcare options.
• Cost of Healthcare: While healthcare costs are comparable to the national average, the availability of quality services supports a healthy lifestyle.

Quality of K-12 Schools

• Education System: The region is served by reputable public and private schools, often receiving high marks for educational outcomes.
• School Ratings: Many schools in and around Raleigh are rated above average, which is attractive for families considering relocation.

Summary

Living in Raleigh, NC, with an income of $128,720 offers a comfortable lifestyle given the relatively affordable cost of living and housing, strong healthcare infrastructure, and quality educational options. The city’s vibrant environment and balanced work-life culture further enhance the overall quality of life, making it an appealing destination for professionals and families alike.