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Retirement communities - Raleigh, N.C.
 

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Raleigh, N.C.
Population: 994,551
State sales tax: 4.5 percent, plus 2.5 percent local tax rate levied by all counties
State income tax: 6 percent to 8.25 percent
Climate: Moderate subtropical climate

 Overview
Raleigh is perfect for active retirees, who can take advantage of the 56-mile Greenway system of biking and walking trails. The senior adult program has 3,500 older adults involved in sports leagues, clubs, education programs and outdoor trips. Part of the North Carolina triangle, Raleigh is situated about 25 miles from the University of North Carolina Chapel Hill and Duke University. This partly explains why the area's population is one of the best educated in the country. Raleigh itself is the site of North Carolina State University. The city has plenty to offer culturally, with its various entertainment districts, each with its own distinct style. Below are the prices you can expect to pay for various goods and services in Raleigh.

Photos courtesy of GRCVB / Visit Raleigh.com
Goods & services Cost Goods & services Cost
Home price $301,390.00 Wine $6.71
Apt. rent $739.00 Ibuprofen $5.85
All electrical $141.00 Bowling $4.28
Lipitor $137.19 Ground beef $2.56
Dentist visit $74.02 Cereal $3.06
Washer repair $55.46 Coffee $2.91
Veterinary services $47.79 Half gallon milk $2.58
Beauty salon $34.02 Potato chips $2.45
Phone $26.00 Hamburger sandwich $2.66
Women's slacks $30.91 Orange juice $3.45
Haircut $13.62 Toothpaste $2.36
T-bone steak $9.44 Frozen meal $2.35
Pizza $9.89 Dozen eggs $1.74
Tire balance $8.50 Bread $1.36
Beer $7.72 Tuna $0.72
Movie $8.02 Bananas $0.51

Data source: ACCRA www.costofliving.org
Prices are current as of September and are subject to change.

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-- Posted: Oct. 1, 2007
   
 
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Compare Rates
NATIONAL OVERNIGHT AVERAGES
IRA MMA 0.49%
1 yr IRA CD 0.77%
5 yr IRA CD 1.58%
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