- Highlights.
- Charlotte is 3.3% less expensive than Raleigh.
- Charlotte housing costs are 16.5% less expensive than Raleigh housing costs.
- Health related expenses are 7.3% more in Charlotte.
Moreover, What are the downsides of living in Raleigh NC? Cons of Living in Raleigh
- High Cost of Living. You should expect a higher cost of living when you move to Raleigh. …
- Fewer Nightlife Options. The city offers many family-oriented activities such as having a picnic in a park or visiting the museum. …
- Weather. …
- Long Drive to the Beach.
How far is Raleigh from the beach?
Outer Banks Beaches How Far: 219 miles from Raleigh estimated 3 hours 30 minutes drive time. The beaches and towns located in the outer banks offer some of the most popular beaches in North Carolina and people will come from all over the world to visit.
Likewise, What state is cheaper to live in Florida or NC? Florida is 6.1% more expensive than North Carolina.
Where is the cheapest place to live in North Carolina? 10 Most Affordable Places to Live in North Carolina
- Cary. Having a low unemployment rate is just as important as a city’s affordability. …
- Durham. Durham is a city that has everything wrapped into a single location, all the while maintaining its affordability. …
- Concord. …
- Wilmington. …
- Chapel Hill. …
- Morrisville. …
- Wake Forest. …
- Raleigh.
Is Charlotte or Raleigh better?
If you’re looking for a safe place to raise a family with plenty of job opportunities and the feel of the suburbs, Raleigh is a good choice. If you’re interested in tech or finance jobs, want more action and fun, or appreciate big-city living, Charlotte may be in your future.
What is the best area in Raleigh NC to live?
The Best Places to Live in Raleigh, NC
- Oakwood. …
- The East Raleigh-South Park Historic District. …
- Midtown. …
- Chapel Hill. …
- Five Points. …
- Capital District. …
- Cameron Village. Cameron Village is the first planned community to be developed in Raleigh. …
- Cameron Park. Cameron Park is a historic neighborhood just west of downtown Raleigh.
Do you need a car to live in Raleigh?
The only downside to living in this neighborhood without a car is groceries. Although there is a nearby urban garden, a bread shop, and a variety of convenience scores, there are no comprehensive grocers nearby. You can easily reach grocery stores in other parts of the city, however, by taking the 1 and 3 buses.
What is middle class in Raleigh NC?
North Carolina households must make at least $22,507 to reach middle class, study finds. (The Center Square) – In North Carolina, households must earn a minimum of $22,507 per year to be considered middle class, with the upper earnings boundary set at $104,011, according to a new 24/7 Wall St.
How much money do you need to live comfortably in Raleigh?
Following the 50/30/20 rule, doubling that means a single adult with no children needs to make almost $68,000 before taxes to live comfortably in Raleigh.
What salary is upper class in NC?
$30,023 is the 25th percentile. Salaries below this are outliers. $52,248 is the 75th percentile.
What is the racial makeup of Raleigh NC?
Raleigh Demographics White: 57.50% Black or African American: 28.90% Asian: 4.84% Two or more races: 4.25%
What salary is considered rich in North Carolina?
The site used U.S. Census Bureau income data to determine the salary a household needs to earn to be in the city’s top 20% of earners – what they define as “rich.” In Raleigh, ranked No. 15, you’ll need to earn $131,513 or more o be considered a “rich” person in the top 20% of the city’s nearly 4 million residents.
What is a good salary for a single person in NC?
A single person making about $26,000 a year can do OK, but if you add children, the minimum living wage jumps to $24 or $28 an hour. Raleigh is the most expensive, requiring an annual income of more than $60,000 for a single parent of two to make ends meet.
Is Raleigh cheaper than Charlotte?
Charlotte is 3.3% less expensive than Raleigh. Charlotte housing costs are 16.5% less expensive than Raleigh housing costs. Health related expenses are 7.3% more in Charlotte.
What is the average electric bill in Raleigh NC?
In Raleigh, NC, the average monthly electricity bill for residential consumers is $139/month, which is calculated by multiplying the average monthly consumption by the average rate for electricity: 1,097 kWh * 13 ¢/kWh.
What city in NC has the lowest cost of living?
North Carolina is home to the nation’s most affordable place to live, a new report finds. Hickory ranks No. 1 on a list of cities offering residents the most for their money, according to results published Tuesday, May 17.
Where should I not live in NC?
The 20 Worst Places to Live in North Carolina
- Henderson.
- Roanoke Rapids. …
- Albemarle. …
- Goldsboro. …
- Dunn. …
- Pineville. …
- Laurinburg. …
- Kinston. According to Only in Your State, Kinston is a city that accounts for a far higher percentage of North Carolina crimes than any one city has a right to. …
Where is the cheapest place to buy a house in NC?
The most affordable city for homeowners is Cary, where residents pay 15% of their incomes on housing. Cary also ranks well for renters.
Where is the cheapest place to buy a home in NC?
The Top 10 Most Affordable Cities in North Carolina
- 10 Most Affordable Cities. Skip Ahead. …
- Eden. Home Price to Income Ratio: 2.51. …
- Henderson. Home Price to Income Ratio: 3.19. …
- Lexington. Home Price to Income Ratio: 3.48. …
- Thomasville. Home Price to Income Ratio: 2.87. …
- Asheboro. Home Price to Income Ratio: 3.16. …
- Tarboro. …
- Sanford.
What is the cheapest city to live in NC?
10 Most Affordable Places to Live in North Carolina
- Cary. Having a low unemployment rate is just as important as a city’s affordability. …
- Durham. Durham is a city that has everything wrapped into a single location, all the while maintaining its affordability. …
- Concord. …
- Wilmington. …
- Chapel Hill. …
- Morrisville. …
- Wake Forest. …
- Raleigh.
What is a middle class income in NC?
North Carolina Income needed to be considered middle class: $24,840 – $120,447. Median family income: $72,049 (12th lowest) Share of income held by “middle class”: 45.7% (10th lowest) Share of income held by wealthiest 5% of households: 22.9% (15th highest)
What percent of Raleigh is black?
Raleigh Demographics White: 57.50% Black or African American: 28.90% Asian: 4.84%
What city in NC has the cheapest rent?
The cheapest places in North Carolina to live for renters
- Mooresville.
- Chapel Hill.
- Apex.
- Asheville.
- Greenville.
- Winston-Salem.
- Burlington.
- Fayetteville.
Is it cheaper to live in SC or NC?
While North Carolina’s overall cost of living is still lower compared to the national average of 100%, it’s still slightly above South Carolina’s cost of living. Furthermore, people living in NC pay below the country’s average for housing, groceries, utilities, and transportation.
