You want to earn at least three times the price of your rent to live comfortably. Using Raleigh, North Carolina, as an example, the average resident would need to earn at least $3,969 monthly before taxes to live comfortably. This translates to an annual pre-tax wage of $47,628.

What is the average household income in Raleigh NC?

$67,266 TablePopulationIncome & PovertyMedian household income (in 2019 dollars), 2015-2019$67,266Per capita income in past 12 months (in 2019 dollars), 2015-2019$38,494Persons in poverty, percent 12.6%54 more rows

What is Raleigh NC known for?

Raleigh is known as the “City of Oaks,” due to its beautiful oak trees that line the streets in the heart of the city. Raleigh is more commonly known for its Research Triangle Park (RTP) which is named for its tri-city region of Raleigh, Durham and Chapel Hill.