Housing costs in Durham?
A typical home costs
$409,300, which is 21.1% more expensive than the national average of
$338,100 and 13.0% more expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Durham costs
$1,560 per month, which is 9.1% more than the national average of
$1,430 and 6.4% cheaper than the state average of
$1,660.
Can I afford Durham?
To live comfortably in Durham (zip 06422), Connecticut, a minimum annual income of
$78,480 for a family, and
$49,200 for a single person is recommended.
What does A.I. say about Durham?
The cost of living in Durham, CT (Zip Code 06422) is relatively high compared to the national average. According to Best Places, the cost of living index is 118.5, which is 18.5% higher than the U.S. average of 100. Housing costs are particularly expensive, with a median home value of $327,800 and an average rent price of $1750 per month. Transportation costs are also high due to the lack of public transit options and the need for most households to have two cars for commuting purposes. Groceries and healthcare costs are also above the national average in this suburban Connecticut town, making it a good choice for those with ample disposable income who want to escape city life but still enjoy easy access to shopping and entertainment options nearby.