Housing costs in Raleigh?
A typical home costs
$301,200, which is 10.9% less expensive than the national average of
$338,100 and 4.1% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Raleigh costs
$1,250 per month, which is 12.6% more than the national average of
$1,110 and 12.8% cheaper than the state average of
$1,410.
Can I afford Raleigh?
To live comfortably in Raleigh (zip 27610), North Carolina, a minimum annual income of
$57,600 for a family, and
$44,400 for a single person is recommended.
What does A.I. say about Raleigh?
The cost of living in Raleigh, NC (27610) is relatively affordable compared to other major cities in the United States. The median home value is around $250,000, while the median household income is about $63,000. Furthermore, the cost of groceries and housing are both below the national average. Additionally, transportation costs are also lower than most U.S. cities due to its proximity to multiple airports and a variety of public transportation options. All in all, living in Raleigh can be an affordable option for those looking for a good quality of life without breaking the bank!