Housing costs in Raleigh?
A typical home costs
$431,500, which is 27.6% more expensive than the national average of
$338,100 and 49.2% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Raleigh costs
$1,650 per month, which is 48.6% more than the national average of
$1,110 and 14.5% more than the state average of
$1,410.
Can I afford Raleigh?
To live comfortably in Raleigh (zip 27617), North Carolina, a minimum annual income of
$82,800 for a family, and
$58,400 for a single person is recommended.
What does A.I. say about Raleigh?
equestId:09d8f0a3-b285-49c3-b34e-187ab6ce37c5,resource:content,data:[{id:txt_ada16d564df64104af3b82b05ba022cb,text:.\n \nThe cost of living in 27617 Raleigh, NC is relatively high compared to other parts of the United States. According to BestPlaces, the overall cost of living index for this area is rated at 113 which means it is 13% higher than the US average. For example, housing costs in Raleigh are over 20% higher than the national average and transportation costs are 7% higher. Groceries and utilities both fall in line with national averages, but healthcare is still 8% higher than the rest of the country. As a result, those looking to move to this area should consider the overall cost of living before making a decision.