Cost of Living in Raleigh
Median income in Raleigh is $58,000/year ($4,833/month). Here is how to budget every dollar.
Average Rent in Raleigh
$1,100
Studio
$1,350
1 Bedroom
$1,600
2 Bedrooms
Monthly Budget Breakdown: $4,833/month
How to allocate the median Raleigh income of $58,000/year after taxes.
Housing
$1,350
Food & Groceries
$480
Transportation
$370
Utilities
$180
Healthcare
$240
Entertainment
$290
Personal & Other
$240
Savings
$1,683
Total
$4,833
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Affordable Neighborhoods in Raleigh
Downtown Raleigh has walkable amenities with growing apartment inventory
Cary and Apex west of Raleigh offer top-rated schools at moderate costs
North Raleigh and Wake Forest are family-friendly with newer construction
Money-Saving Tips for Raleigh
The Research Triangle tech scene offers competitive salaries with lower costs than SF/NYC
Take advantage of North Carolina state parks and greenways for free recreation
Shop at Food Lion, Aldi, and the NC State Farmers Market for affordable produce
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