Affordable Cost of Living Housing expenses in Durham are known to be 27% lower than the national average, and utility costs are 13% lower than the national average, which means that your money will take you further in Durham than other similar-sized metropolitan areas around the country.
Is Durham NC expensive to live?
According to Duke, the cost of living in Durham is about 23% lower than the national average, though it’s increasing quickly due to the hundreds of people moving here each week. With a low cost of living but a high quality of life, Durham is a great place to move to.
How much money do you need to live comfortably in Durham NC?
In the Durham-Chapel Hill metropolitan area, MIT found the living wage of a single adult with no children to be $31,660, meaning that person would need a salary of more than $63,000 to live comfortably.
Is it cheap to live in Durham NC?
On the whole, the cost of living in Durham, NC, is relatively cheaper than in the rest of the country. Housing in Durham rests 43% below the national average cost of housing.
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.
Which is safer Raleigh or Durham?
WalletHub said their study compared more than 182 cities across 41 indicators of safety. The data set ranges from assaults per capita, unemployment rate, road quality, and more. Among the cities, Raleigh ranked 22nd while Durham came in at 46. Check out the entire study here.
What is the racial makeup of Durham NC?
Durham Demographics
White: 48.43% Black or African American: 37.48% Asian: 5.37% Two or more races: 5.11%
What is minimum wage in Durham NC?
$7.25
Living Wage Calculation for Durham County, North Carolina
| 1 ADULT | 2 ADULTS (BOTH WORKING) | |
|---|---|---|
| 0 Children | 0 Children | |
| Living Wage | $18.64 | $13.57 |
| Poverty Wage | $6.19 | $4.19 |
| Minimum Wage | $7.25 | $7.25 |
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 life like 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 safe place to live?
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 averages 4 inches of snow per year.
The US average is 28 inches of snow per year.
How expensive is Durham NC?
Durham’s housing expenses are 22% lower than the national average and the utility prices are 6% lower than the national average. Transportation expenses like bus fares and gas prices are 3% lower than the national average. Durham has grocery prices that are 7% lower than the national average.
Where is the cheapest place to live in North Carolina?
10 Most Affordable Places to Live in North Carolina
- Cary. Having a low unemployment rate is just as important as a city’s affordability.
- Durham. Durham is a city that has everything wrapped into a single location, all the while maintaining its affordability.
- Concord.
- Wilmington.
- Chapel Hill.
- Morrisville.
- Wake Forest.
- Raleigh.
What city has the lowest cost of living?
Wichita Falls, Texas, was named the city with the lowest cost of living. Visit Business Insider’s homepage for more stories.
Why is it so cheap to live in NC?
North Carolina has an affordable housing market. The cost of living for retirees in NC is 8.3% cheaper than the national average, and North Carolina no longer taxes Social Security income. Other taxes are generally low, too, making North Carolina a great place to settle down in your later years.
Is Charlotte safer than Raleigh?
Crime in Charlotte vs Raleigh
Which city is safer? Raleigh has a lower crime rate than Raleigh with 256 violent crimes and 1,783 property crimes per capita. By comparison, the Charlotte crime rate is 739 violent crimes and 3,926 property crimes per capita.
Is Raleigh NC affordable?
One of the biggest reasons people move to the Raleigh area is thanks to how affordable the city is. It’s the only major technology city with home prices under the national average.
Is Durham bigger than Raleigh?
Raleigh’s population reached an estimated 451,066 last July 1, making the city the 42nd largest in the country just behind Virginia Beach. Durham’s population was an estimated 257,636 last July, making it the 79th largest city in the country just behind Buffalo.
Is Durham a poor city?
Although the city is thriving economically, its poverty and child poverty rates, at 18.5% and 27% respectively, are higher than state and national numbers. The poverty rate differs widely by race/ethnicity, with non-Hispanic whites experiencing poverty at much lower rates than other groups (Figure 1).
What is Durham N.C. famous for?
The City of Durham is famously known as the “City of Medicine,” with healthcare as a major industry including more than 300 medical and health-related companies and medical practices. You are now one of our 2,400 valued employees working in one of the City’s 24 departments serving 245,475 city residents.