Quality of Life in Raleigh, NC on a $125,600 Annual Income

Overview of Cost of Living

• General Cost of Living: Raleigh’s cost of living is slightly above the national average but remains manageable.
• Utilities and Groceries: Prices are in line with national averages, offering affordability in day-to-day expenses.
• Transportation: Costs are competitive, with public transportation options available, though a car is often preferred for convenience.

Housing Market

• Home Prices: Raleigh has a booming real estate market with median home prices slightly above the national average but still more affordable compared to other tech hubs.
• Rental Market: Competitive with ample availability; rental prices have increased over recent years but remain reasonable for the area.

Quality of Life

• Income vs. Living Costs: An income of $125,600 allows for a comfortable lifestyle, covering essentials and enabling discretionary spending.
• Cultural Amenities: Raleigh boasts numerous cultural facilities, including museums, theaters, and music venues, contributing positively to lifestyle quality.
• Public Services: Well-maintained parks and community services enhance the quality of life in Raleigh.

Access to Healthcare

• Healthcare Facilities: Raleigh offers excellent access to healthcare, with multiple hospitals and clinics providing diverse medical services.
• Healthcare Costs: While healthcare expenses can be high, they are comparable to national averages. Many employer-sponsored health plans aid in managing these costs effectively.

Quality of K-12 Schools

• Educational Standards: The Wake County Public School System, serving Raleigh, is one of the best in the state, providing high-quality education.
• School Options: A variety of public, charter, and private schools are available, catering to different educational preferences and needs.

Summary of the Assessment

Living in Raleigh, NC on a $125,600 salary provides a solid standard of living, balancing a slightly higher cost of living with the area's economic opportunities and quality of life. The housing market remains accessible, offering diverse options for both purchasing and renting. Access to healthcare is robust, and the educational offerings are strong, adding to the appeal of residing in this vibrant city.