Housing costs in Durham?
A typical home costs
$393,000, which is 16.2% more expensive than the national average of
$338,100 and 35.8% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Durham costs
$1,620 per month, which is 45.9% more than the national average of
$1,110 and 22.2% more than the state average of
$1,260.
Can I afford Durham?
To live comfortably in Durham (zip 27712), North Carolina, a minimum annual income of
$75,240 for a family, and
$56,000 for a single person is recommended.
What does A.I. say about Durham?
The cost of living in 27712 Durham, NC is quite reasonable for the area. Housing costs are below the national average, with an average home price coming in around $280,000. Utilities and groceries also come in at lower than the national average, making it more affordable to live here than many other areas. The median household income is slightly higher than the national average as well, allowing residents to stretch their money further and enjoy a comfortable lifestyle. With so much to offer in terms of job opportunities and natural beauty, living in 27712 Durham has become increasingly popular, making it a great place to call home.