Salary Needed to Live in Raleigh as a Single
A single adult living independently needs approximately $18,554/year to live comfortably in Raleigh, NC — including 10% savings.
Comfortable Salary
$18,554
with 10% savings
Bare Minimum
$16,080
no savings buffer
Monthly Expenses
$1,005
8% below national avg
Detailed Monthly Budget for a Single in Raleigh
| Expense | Raleigh | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 Studio/1BR Rent | $93 | $113 | -18% |
| 🛒 Groceries | $22 | $17 | +29% |
| ⚡ Utilities | $14 | $14 | 0% |
| 🚗 Transportation | $23 | $26 | -12% |
| 🛡️ Car Insurance | $156 | $223 | -30% |
| 🏥 Health Insurance | $52 | $56 | -7% |
| Internet | $65 | $65 | 0% |
| Phone | $85 | $85 | 0% |
| Dining & Social | $300 | $300 | 0% |
| Entertainment | $120 | $120 | 0% |
| Personal Care | $75 | $75 | 0% |
| Total Monthly | $1,005 | $1,094 | -8% |
How We Calculated the Salary
Monthly expenses:$1,005
Target savings (10%):$129/mo
Monthly after-tax needed:$1,134
Effective tax rate:25%
Gross annual salary needed:$18,554
Other Household Types in Raleigh
Related Pages
FAQ
What salary does a single person need in Raleigh?
A single person needs approximately $18,554/year ($1,546/month gross) to live comfortably in Raleigh with a 10% savings rate.
How much is rent for a single person in Raleigh?
A studio/1br in Raleigh costs approximately $93/month, which is the largest single expense at 9% of the total budget.
Is Raleigh affordable for a single person?
Yes, Raleigh is 8% more affordable than the national average for a single person.