Housing costs in Durham?
A typical home costs
$734,500, which is 117.2% more expensive than the national average of
$338,100 and 202.5% more expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Durham costs
$1,630 per month, which is 14.0% more than the national average of
$1,430 and 25.8% more than the state average of
$1,210.
Can I afford Durham?
To live comfortably in Durham, Pennsylvania, a minimum annual income of
$140,760 for a family, and
$54,400 for a single person is recommended.
What does A.I. say about Durham?
Durham, PA has an affordable cost of living. The overall cost of living index in Durham is 95.7, which is 5.3% lower than the U.S. average. Housing costs are particularly reasonable with a median home value of $203,100 and a median rent of $1,145 per month. Residents can also enjoy low utility costs to keep their housing expenses low. Groceries are reasonably priced as well, and the area has plenty of shopping options for both everyday needs and luxury items alike. Additionally, there are plenty of restaurants to choose from in town for those who enjoy dining out regularly. Altogether, Durham's cost of living offers a great balance between affordability and quality of life.