In the actual city, it's fairly expensive as a proportion of your income, but the cost of living here is a lot lower than in big cities like NY or Atlanta. The average home sells for between 150K and 200K, with some homes available lower and a lot of homes available higher. Many people who are concerned about the cost of living choose to live in neighboring communities like Rolesville, Zebulon, Garner, and Knightdale. Cary and Wake Forest are also popular, but on the higher side price-wise. Property taxes are about 2K per 1K square feet.Gas is about $3 a gallon, the average restaurant meal (not fine dining) is $20 pp, and a week's worth of groceries for a family of 4 is about $200. Hope that helps!