Housing costs in Durham?
A typical home costs
$388,000, which is 14.8% more expensive than the national average of
$338,100 and 34.1% 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 Carolina, a minimum annual income of
$74,520 for a family, and
$45,600 for a single person is recommended.
What does A.I. say about Durham?
Durham, North Carolina offers plenty of opportunities to explore alongside an impressive cost-of-living that makes it well worth considering. Homeowners can benefit from a wide range of housing options ranging from low cost single family homes to luxury condos - while renters also have access to some attractive deals nowadays as well. Moreover, food and transportation costs are much lower than other US cities - giving you more value for your dollar if you elect Durham as your home.