Raleigh, United States
-5% vs Raleigh avgWakefield is a relatively affordable area in Raleigh, with a cost of living index of 55.7 — that is -5% compared to the Raleigh average. At #17 of 30, it is below the city average in cost. Estimated rent for a one-bedroom apartment here is around $1,378/month, compared to a range of $986 in Zebulon to $1,812 in Chapel Hill.
For a typical resident of Wakefield, housing takes up roughly 43% of monthly expenses. Food and groceries account for about 15%, while transportation costs around 8%. To live comfortably here — meaning rent stays at or below 30% of gross income — you would need an annual salary of approximately $55,100 before tax.
Salaries in Wakefield reflect the local cost of living. Based on the neighborhood COLI of 55.7:
After tax and deductions of 23.6% in United States, take-home pay for someone earning $55,100 would be roughly $42,096/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.
Estimated annual deductions on a $41,775 salary in Wakefield, Raleigh (local employee).
Rates shown are for a local employee. Use the salary converter for expat calculations.
What a $75,000 USD salary in Wakefield would need to be elsewhere:
| City | Currency | Equivalent |
|---|---|---|
| New York | USD | $41,775 |
| London | GBP | £35,951 |
| Dubai | AED | AED 209,033 |
| Neighborhood | COLI | Multiplier | vs Avg |
|---|---|---|---|
| Chapel Hill | 73.2 | 1.25x | +25% |
| Glenwood South | 71.5 | 1.22x | +22% |
| Downtown Raleigh | 70.3 | 1.20x | +20% |
| North Hills | 69.1 | 1.18x | +18% |
| ITB (Inside the Beltline) | 69.1 | 1.18x | +18% |
See exactly what you need to earn in Wakefield, Raleigh to maintain your lifestyle.
Open Salary ConverterNeighborhoods with a similar cost of living to Wakefield:
Wakefield is one of the more affordable neighborhoods in Raleigh. It costs about -5% less than the city average, ranking #17 out of 30 neighborhoods.
The cost of living in Wakefield is below the Raleigh average. With a multiplier of 0.95x, everyday expenses including rent, food, and transportation are -5% compared to the city baseline.