Housing costs in Durham?
A typical home costs
$411,400, which is 21.7% more expensive than the national average of
$338,100 and 42.2% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Durham costs
$1,500 per month, which is 35.1% more than the national average of
$1,110 and 16.0% more than the state average of
$1,260.
Can I afford Durham?
To live comfortably in Durham (zip 27713), North Carolina, a minimum annual income of
$78,840 for a family, and
$52,000 for a single person is recommended.
What does A.I. say about Durham?
27713 Durham, NC has a moderately high cost of living. With the median household income coming in at $45,065 and the median home value of $198,500, it may be difficult for individuals to make ends meet. Rent for a one-bedroom apartment averages around $1,000 per month. Prices for goods and services like groceries are higher than the national average, with an index score of 107.3. The cost of utilities is also higher than the national average with an index score of 114.8. All in all, living in 27713 Durham can be expensive but worth it given its low crime rate and great job opportunities.