Living Wage Calculation for Raleigh-Cary, NC

The living wage shown is the hourly rate that an individual in a household must earn to support themselves and/or their family, working full-time, or 2080 hours per year. The tables below provide living wage estimates for individuals and households with one or two working adults and zero to three children. In households with two working adults, all hourly values reflect what one working adult requires to earn to meet their families’ basic needs, assuming the other adult also earns the same.

The poverty wage and state minimum wage are for reference purposes. Poverty wage estimates come from the Department of Health and Human Services’ Poverty Guidelines for 2024 and have been converted from an annual value to an hourly wage for ease of comparison. The state minimum wage data is sourced from the Labor Law Center and includes the minimum wage in a given state as of January of that year.

For further detail, please reference the Methodology page. The data on this page was last updated on February 14, 2024.

1 ADULT 2 ADULTS

(1 WORKING)

2 ADULTS

(BOTH WORKING)

0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children
Living Wage $24.70 $41.54 $51.91 $65.51 $32.71 $38.36 $42.99 $45.85 $16.36 $23.09 $28.35 $32.34
Poverty Wage $7.24 $9.83 $12.41 $15.00 $9.83 $12.41 $15.00 $17.59 $4.91 $6.21 $7.50 $8.79
Minimum Wage $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25

Typical Expenses

The table below shows the costs of each basic need that go into estimating the living wage. Like with the living wage, their values vary by location and family size.

1 ADULT 2 ADULTS

(1 WORKING)

2 ADULTS

(BOTH WORKING)

0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children
Food $4,549 $6,706 $10,058 $13,369 $8,340 $10,381 $13,370 $16,301 $8,340 $10,381 $13,370 $16,301
Child Care $0 $13,504 $23,743 $31,642 $0 $0 $0 $0 $0 $13,504 $23,743 $31,642
Medical $3,096 $9,590 $9,476 $9,948 $7,210 $9,476 $9,948 $9,535 $7,210 $9,476 $9,948 $9,535
Housing $17,213 $19,854 $19,854 $24,546 $17,683 $19,854 $19,854 $24,546 $17,683 $19,854 $19,854 $24,546
Transportation $10,616 $12,286 $15,476 $17,808 $12,286 $15,476 $17,808 $17,787 $12,286 $15,476 $17,808 $17,787
Civic $2,165 $3,810 $4,795 $5,553 $3,810 $4,795 $5,553 $5,191 $3,810 $4,795 $5,553 $5,191
Internet & Mobile $1,591 $1,591 $1,591 $1,591 $2,170 $2,170 $2,170 $2,170 $2,170 $2,170 $2,170 $2,170
Other $3,903 $6,966 $7,407 $10,238 $6,966 $7,407 $10,238 $9,841 $6,966 $7,407 $10,238 $9,841
Required annual income after taxes $43,133 $74,307 $92,401 $114,694 $58,466 $69,560 $78,941 $85,372 $58,466 $83,064 $102,683 $117,014
Annual taxes $8,249 $12,106 $15,572 $21,560 $9,577 $10,228 $10,476 $10,004 $9,577 $13,008 $15,251 $17,515
Required annual income before taxes $51,382 $86,413 $107,972 $136,254 $68,042 $79,788 $89,417 $95,376 $68,042 $96,072 $117,934 $134,529

Typical Annual Salaries

The average annual salaries for various occupations in the table below comes from the latest state-level data from the Bureau of Labor Statistics’ Occupational Employment and Wage Estimates. When available, this data is specific to a given metro area.

Occupational Area Typical Annual Salary
Management $142,310
Business & Financial Operations $83,320
Computer & Mathematical $109,280
Architecture & Engineering $88,620
Life, Physical, & Social Science $78,390
Community & Social Service $54,420
Legal $110,770
Education, Training, & Library $50,820
Arts, Design, Entertainment, Sports, & Media $75,110
Healthcare Practitioners & Technical $90,660
Healthcare Support $35,530
Protective Service $43,890
Food Preparation & Serving Related $29,330
Building & Grounds Cleaning & Maintenance $34,020
Personal Care & Service $35,980
Sales & Related $53,130
Office & Administrative Support $43,500
Farming, Fishing, & Forestry $40,430
Construction & Extraction $49,950
Installation, Maintenance, & Repair $54,070
Production $43,250
Transportation & Material Moving $38,050