Housing costs in Durham?
A typical home costs
$374,900, which is 10.9% more expensive than the national average of
$338,100 and 29.6% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Durham costs
$1,320 per month, which is 7.7% cheaper than the national average of
$1,430 and 15.9% more than the state average of
$1,110.
Can I afford Durham?
To live comfortably in Durham North Carol County, North Carolina, a minimum annual income of
$72,000 for a family, and
$45,200 for a single person is recommended.
What does A.I. say about Durham?
Durham, NC County has a cost of living that is slightly below the US average. According to the data, it is 98.8 compared to 100 for the US average. However, the house median value in Durham county is almost $375000, which is significantly higher than the national average of $338100. This fact shows that although residents of Durham County benefit from a lower cost of living, they also have to pay more for housing costs due to high property values in the area.