Is Durham NC an expensive place to live? Housing expenses in Durham are 27% less than the national average while utility costs are 13% lower than the national average. For retirees, the cost of living is 3.7% less than the national average making it an affordable place to live.
How much do you need to live comfortably in Durham NC?
You should not spend more than one-third, or 30%, of your gross income on rent to live comfortably, according to the 30% rule. For example, according to this rule, if your rent is close to the median for a one-bedroom apartment in Durham at $1,181, your monthly wages should be at least $3,937 per month or $47,240.
Is it cheaper to live in Raleigh or Durham?
Durham is 6.9% less expensive than Raleigh. Durham housing costs are 15.5% less expensive than Raleigh housing costs. Health related expenses are 1.2% less in Durham.
How much does it cost to live in Durham NC?
Durham cost of living is 95.2
| COST OF LIVING | Durham | North Carolina |
|---|---|---|
| Health | 92.1 | 107.5 |
| Housing | 100.1 | 81 |
| Median Home Cost | $310,600 | $242,300 |
| Utilities | 100.1 | 99.2 |
Is Durham North Carolina cheap?
Cost of living Durham, NC: Housing
Housing in Durham rests 43% below the national average cost of housing. Durham is also the most affordable city to find real estate in comparison with the four neighboring cities in the Durham-Raleigh metropolitan area: Most expensive: Chapel Hill. Cary.
Why is Durham expensive?
However, one Durham student saw sense in the findings: “the landowners in Durham take advantage of the fact that students may tend to be from wealthier areas so they raise the prices on rent. If you’re a graduate, you’re sometimes forced to rent under that climate, so that might be why costs are higher in Durham.”
What is a good salary in Durham NC?
The average salary in Durham is $58,298. A good hourly wage in Durham is $23.56 per hour. That works out to a good weekly wage of $942 per week and a good monthly wage of $4,083 per month.
Where is the best place to live in North Carolina?
Best Places to Live in North Carolina in 2022-2023
- Raleigh & Durham, NC.
- Charlotte, NC.
- Hickory, NC.
- Asheville, NC.
- Winston-Salem, NC.
- Greensboro, NC.
- Fayetteville, NC.
Is it cheaper to live in Raleigh or Charlotte?
Charlotte is 3.3% less expensive than Raleigh. Charlotte housing costs are 16.5% less expensive than Raleigh housing costs. Health related expenses are 7.3% more in Charlotte.
Is Raleigh NC high cost of living?
According to AreaVibes, Raleigh has an overall cost of living index score of 103, which is 3 percent higher than the national average of 100. Chapel Hill’s cost of living score is even higher at 119.
What is the average pay in Durham NC?
Hourly Rate Salary in Durham, NC
| Annual Salary | Hourly Wage | |
|---|---|---|
| Top Earners | $58,842 | $28 |
| 75th Percentile | $45,661 | $22 |
| Average | $36,881 | $18 |
| 25th Percentile | $27,303 | $13 |
What is the racial makeup of Durham NC?
Durham Demographics
White: 49.18% Black or African American: 38.65% Asian: 5.35% Other race: 3.36%
What is it like to live in Durham NC?
Durham is in Durham County and is one of the best places to live in North Carolina. Living in Durham offers residents a dense suburban feel and most residents own their homes. In Durham there are a lot of restaurants and parks. Many families and young professionals live in Durham and residents tend to be liberal.
Is Durham a nice place to live?
County Durham is an excellent place to live and call home. Situated in between Newcastle, Sunderland and Hartlepool, the ceremonial country is within a distance of everything in the Northeast of England.
Is Durham NC a safe city?
With a crime rate of 48 per one thousand residents, Durham has one of the highest crime rates in America compared to all communities of all sizes – from the smallest towns to the very largest cities. One’s chance of becoming a victim of either violent or property crime here is one in 21.
Does it snow in Durham NC?
Durham, North Carolina gets 46 inches of rain, on average, per year. The US average is 38 inches of rain per year. Durham averages 4 inches of snow per year. The US average is 28 inches of snow per year.
How much are utilities in Durham NC?
Utility & miscellaneous costs in Durham
The average cost of electricity, water and gas in a 915 sq ft. apartment or home is $162.50 per month, and cable & internet will cost you about $82 each month.
What is the average water bill in Durham NC?
According to the 2018 report, North Carolina residents on average pay $27 – $41 per month for five thousand gallons of water.
What is the cost of living in Chapel Hill North Carolina?
Chapel Hill cost of living is 118.3
| COST OF LIVING | Chapel Hill | North Carolina |
|---|---|---|
| Grocery | 103.9 | 96.5 |
| Health | 98.2 | 107.5 |
| Housing | 165.1 | 81 |
| Median Home Cost | $459,300 | $242,300 |
What is minimum wage in Durham NC?
The minimum wage in North Carolina is currently $7.25 an hour. Employers doing business in North Carolina are required to pay at least $7.25 per hour to all employees (agricultural and domestic employees are subject to the federal minimum wage).
Where should I not live in NC?
The 20 Worst Places to Live in North Carolina
- Henderson.
- Roanoke Rapids.
- Albemarle.
- Goldsboro.
- Dunn.
- Pineville.
- Laurinburg.
- Kinston. According to Only in Your State, Kinston is a city that accounts for a far higher percentage of North Carolina crimes than any one city has a right to.
