Salary Needed to Live in Cary as a Single

A single adult living independently needs approximately $21,360/year to live comfortably in Cary, NC — including 10% savings.

Comfortable Salary
$21,360
with 10% savings
Bare Minimum
$18,512
no savings buffer
Monthly Expenses
$1,157
6% above national avg

Detailed Monthly Budget for a Single in Cary

ExpenseCaryNat'l AvgDiff
🏠 Studio/1BR Rent$151$113+34%
🛒 Groceries$26$17+53%
⚡ Utilities$12$14-14%
🚗 Transportation$23$26-12%
🛡️ Car Insurance$222$2230%
🏥 Health Insurance$52$56-7%
Internet$68$65+5%
Phone$88$85+4%
Dining & Social$312$300+4%
Entertainment$125$120+4%
Personal Care$78$75+4%
Total Monthly$1,157$1,094+6%

How We Calculated the Salary

Monthly expenses:$1,157
Target savings (10%):$148/mo
Monthly after-tax needed:$1,305
Effective tax rate:25%

Gross annual salary needed:$21,360

Other Household Types in Cary

Couple (No Kids)
$29,505/yr
$1,549/mo expenses
Family with Kids
$62,180/yr
$3,109/mo expenses
Retiree
$22,114/yr
$1,290/mo expenses

Related Pages

Living Alone in CaryCity OverviewAfford on $75K?Afford on $100K?Cost of Living

FAQ

What salary does a single person need in Cary?
A single person needs approximately $21,360/year ($1,780/month gross) to live comfortably in Cary with a 10% savings rate.
How much is rent for a single person in Cary?
A studio/1br in Cary costs approximately $151/month, which is the largest single expense at 13% of the total budget.
Is Cary affordable for a single person?
Cary is roughly average for single person costs, requiring a salary close to the national median.
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