Zip 27612 (Raleigh, NC) Cost of Living


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How much do I need to live in Raleigh, North Carolina?
$8,250 / month
for a family, 52.8% more expensive than the national average A total of $99,000 for the year for a family.
$4,633 / month
for a single person, 2.8% less expensive than the national average A total of $55,600 for the year for a single person.

Raleigh cost of living score
105.8
More expensive
5.8% higher
than the US average
16.3% higher
than the North Carolina average
Raleigh (zip 27612), North Carolina gets a BestPlaces Cost of Living score of 105.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.8% higher than the U.S. average and 16.3% higher than the average for North Carolina.

Zip 27612 (Raleigh, NC)

Housing costs in Raleigh?
A typical home costs $516,600, which is 52.8% more expensive than the national average of $338,100 and 78.6% more expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Raleigh costs $1,570 per month, which is 41.4% more than the national average of $1,110 and 10.2% more than the state average of $1,410.

Can I afford Raleigh?
To live comfortably in Raleigh (zip 27612), North Carolina, a minimum annual income of $99,000 for a family, and $55,600 for a single person is recommended.

What does A.I. say about Raleigh?
The cost of living in 27612 Raleigh, NC is generally considered to be moderately high. The average rent for a one-bedroom apartment is around $1100 per month, and the average price of a house is upwards of $300,000. Utilities such as electricity and water are also relatively expensive. Food costs are on par with the national average, but transportation and healthcare can be more costly than some other cities. Overall, while the cost of living in Raleigh may be higher than some other cities, its thriving economy and desirable lifestyle offer multiple benefits that make up for it.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesRaleighNorth CarolinaUnited States
    Unlock91.0100.0
  102.8  Unlock100.0
    Unlock107.2100.0
  146.6  Unlock100.0
    Unlock$289,300$338,100
  98.5  Unlock100.0
    Unlock83.9100.0
  111.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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