The cost of living in the Raleigh and Durham areas is slightly lower than the national average, with home prices climbing significantly over the past few years. If you decide to start living in the Raleigh area, then there is a good chance that your cost of living expenses is going to be higher than what you’re currently paying. Housing costs will continue to rise as more people flock to the area in search of a career. Sunrise of Raleigh offers several levels of care, including Assisted Living, Alzheimer's & Memory Care, Short-Term Stays. Raleigh is a village in Saline County, Illinois, with a population of 253. Sign up for free to get access to our cost of living index and use our international cost of living calculator to do cost comparison by city. Cost of Living Comparison Between Raleigh, NC and New York, NY You would need around 8,139.55$ in New York, NY to maintain the same standard of life that you can have with 4,400.00 $ in Raleigh, NC (assuming you rent in both cities). Cost of Living. According to NeighborhoodScout, the median home value in North Carolina is $174,380. Compare cost of living in Durham with factors like salaries, housing expenses, groceries, utilities and more. Cost for a single bedroom in Raleigh runs between $1,950 to $6,295 a month. Compared to the national average, it costs 6% more to live in the city than in the rest of the country. Cost-of-living indexes serve as a tool for housing consumers as well as real estate professionals to gauge differences in costs across communities. Overall, the living costs in North Carolina are slightly lower than the ones in the United States on average, with an index cost of living of 96.2 (100 being the U.S. average). While our region continues to grow and offer a superior quality of life, our cost of living remains below the national average. The average annual pay in Raleigh is $54,253.00, which is $6,984.00 higher than the salary average in North Carolina and higher than the U.S. average yearly wages by $632.00. Cost of living in Raleigh compared to New Zealand. The median home cost in the city is $260,100, while the national median is $216,200 and the rest of North Carolina sits much lower at $171,500. Additionally, find out more about the cost of assisted living in Raleigh and what financial assistance programs are available. Thinking about living in Raleigh or visiting? Using cost of living data from the nonprofift think tank Economic Policy Institute, 24/7 Wall St. estimated the cost of living in Raleigh and over 29,000 other cities and towns in the US. Detailed Information. Housing Costs in North Carolina. The Cypress of Raleigh opened in the fall of 2008, our community is built upon an award-winning model established in 1992 by The Cypress of Hilton Head and by The Cypress of Charlotte in 1999. Income: The median household income in North Carolina is $47,830. On average, the cost of assisted living in Raleigh ranges from $2,800 to $5,800 per month.This price includes room, board and basic medical care. Assisted Living Costs in Raleigh, NC. Durham, North Carolina’s cost of living is 11% lower than the national average. Source: Cost of Living Index: Annual Averages 2017 The national average is set at a base number of 100 that provides a basis of comparison. Downtown Raleigh boasts citizen-led groups working to enhance Downtown as a neighborhood. For those living in Raleigh, North Carolina, the annual cost of living expense for a single renter is $2.06K, while the annual cost of living expense for a family with two kids that owns a home is $4.23K. Raleigh: North Carolina: Cost of living: 109: 102: 95: Goods & Services: 101: 101: 101: Groceries: 94: 94: 98: Health care: 105: 105: 108: Housing: 137: 113: 85: Transportation: 82: 82: 94: Utilities: 99: 99: 98: Key findings. Raleigh average cost of assisted living: $3,150: North Carolina average cost of assisted living: $3,693: Nationwide average cost of assisted living: $4,000: About The Cypress of Raleigh . The city with the shortest rush hour commute is Garner. Ranking of cost of living by city based on the consumer price index and access to affordable housing (housing-to … Older adults are sure to find a place that has the atmosphere, amenities, services, and types of care they are looking for. In larger cities like Charlotte and Raleigh, though, the median home value is … Charlotte has a cost of living index of 75.53 while Raleigh’s cost of living index is 69.98. Show More . The cost of living in Raleigh is a little higher than the state and national average. We provide several metrics to compare the cost of living including cost of groceries, transportation, and more. The cost of living in Raleigh, North Carolina (NC) is higher than the average cost of living in the state of North Carolina and higher than the nationwide city average. According to the most recent data on the cost of living, Raleigh Hills has an overall cost of living index of 157 which is 1.6x higher than the national index of 100. Costs of living in Raleigh are in the 136th place of all 248 Teleport cities. See what you'll need to earn to keep your current standard of living. Updated on Dec 2020. Salary.com's Cost of Living Calculator lets you compare the cost of living and salary differentials of over 300+ US cities. Cities ranked 671st and 1943rd ($1760 vs $1656) in the list of the most expensive cities in … The living costs including room, board, and other living expenses have increased 29.48% when a student lives on campus facilities and 29.48% when living off campus from year 2010 to 2020. Housing prices in Raleigh. Cost of living, weather, and commute comparisons if you are considering moving or relocating from the San Francisco Bay Area to Raleigh, NC Call us anytime! Median rent in city center +9 % Compared to average rent of all cities. Availability is almost guaranteed but you can request information online by filling out the form to the right or call us at 855-363-2002 for a no-cost, in-depth assessment of your senior care needs. According to the most recent data on the cost of living, Raleigh has an overall cost of living index of 102 which is 1.0x higher than the national index of 100. Sunrise of Raleigh is a senior living provider located in Raleigh, NC. The cost of living in Houston is 6% more expensive than in Raleigh. The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Raleigh, NC, as well as the overall cost of living. At Raleigh city with the shortest rush hour commute is Garner our cost of groceries, transportation, and.! 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