Housing costs in Raleigh?
A typical home costs
$427,000, which is 26.3% more expensive than the national average of
$338,100 and 47.6% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Raleigh costs
$1,450 per month, which is 1.4% more than the national average of
$1,430 and 23.4% more than the state average of
$1,110.
Can I afford Raleigh?
To live comfortably in Raleigh, North Carolina, a minimum annual income of
$81,720 for a family, and
$51,200 for a single person is recommended.
What does A.I. say about Raleigh?
Raleigh, North Carolina is quickly becoming one of America's premier destinations for those looking for affordability without sacrificing quality-of-life. Homeowners can benefit from various housing choices ranging from affordable single family homes to posh apartment complexes - while renters also have access to lots of great deals these days. Additionally, groceries and transportation costs remain fairly low when compared with other US cities - making Raleigh a fantastic option if you're trying not break your budget.