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Table of Contents: Cost of Living in Raleigh Income Housing costs Utilities Food Healthcare TransportationTaxes FAQ Cost of Living in Raleigh The cost of living in Raleigh is less than the national average. Costs for goods and services are generally below average rates, in addition to lower tax rates. Income tax rate 4.99 13.3
Census data suggest that more than 2M additional homes will reach their “prime remodel” years through 2027 – a time when homes tend to undergo their first major kitchen and bath renovations. Propertytaxes are steep at $60K a year. The average tenure for homeownership is now at a historic high of 10.7 of shoreline.
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