How Much Does It Cost To Live In Durham Nc Monthly?

Cost of living in Durham: Apartment sizes

What is the average cost of living in Durham NC?

Durham cost of living is 95.2

How much 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 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 do utilities cost per month 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 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. However, using the median income is only one way to calculate a good salary in Durham.

Is Durham cheap to live?

County Durham is the ideal place to live for couples, overs 55’s and families. The variety in the county is not only ideal, but it’s also affordable, it has a rich history and breathes culture.

Is it cheaper to live in Durham or Raleigh?

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 money does a single person need to live comfortably?

This means a single person needs to make at least $66,434 after taxes to live comfortably. After their basic living expenses are covered, an individual could spend $19,930 on wants and set $13,287 aside for savings or debt paydown.

How much money do you need to live comfortably in NC?

All told, North Carolinians may need about $3,191 per person, per month.

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.

Is Durham NC safe 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.

How much is water bill in Durham?

Meter Size

How much does electricity cost in Durham NC?

In Durham, the average residential electricity rate is around 10.22 cents per kWh.

What is a good hourly wage in NC?

Hourly Salary in North Carolina

What is a good salary for a single person in North Carolina?

A single person making about $26,000 a year can do OK, but if you add children, the minimum living wage jumps to $24 or $28 an hour. Raleigh is the most expensive, requiring an annual income of more than $60,000 for a single parent of two to make ends meet.

Is Durham NC poor?

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).

Is Durham city Safe?

Durham is among the top 10 most dangerous counties in England, Wales, and Northern Ireland. The overall crime rate in Durham in 2021 was 88 crimes per 1,000 people, and the most common crimes were violence and sexual offences, which happened to roughly every 40 out of 1,000 residents.

Is Durham a beautiful city?

Durham and the Region
Durham is a truly beautiful city, where the famous Castle and Cathedral – together designated a UNESCO World Heritage Site – dominate the skyline.

Where is the best place to live in Durham?

The Best Areas to Live in Durham

1. 1 – Crossgate. Crossgate is a popular residential area, and one of the oldest parts of Durham.
2. 2 – Allergate. Allergate is a compact area in Durham’s city centre.
3. 3 – Gilesgate.
4. 4 – South Bailey.
5. 5 – North End.

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.