Is Durham Nc Expensive To Live?

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?

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 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.

Is Durham North Carolina a good place to live?

Raleigh Durham is attractive to many thanks to its fruitful housing market, record low unemployment rate and exceptional education system. Forbes has ranked the “Old North State” as #1 Best State for Business and USNews awarded the Triangle as one of the 50 Best Places to Live in America.

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).

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.

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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.

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 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.

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%

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 cold does it get in Durham NC?

Over the course of the year, the temperature typically varies from 32°F to 89°F and is rarely below 19°F or above 95°F.

What states have a $15 an hour minimum wage?

Where are $15 minimum wages? Besides California and New York, nine states are headed to a $15 pay base over the next four years – Connecticut, Delaware, Florida, Illinois, Maryland, Massachusetts, New Jersey, Rhode Island and Virginia.

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Which state has the highest minimum wage?

Excluding Washington, D.C.’s $15.20 hourly minimum wage, California has the highest in the country at $14 per hour. Washington and Massachusetts are close behind, with $13.69 per hour and $13.50 per hour, respectively.

What state has lowest minimum wage?

Mississippi. No state minimum wage law. Employers subject to the Fair Labor Standards Act must pay the current Federal minimum wage of $7.25 per hour.

What is a livable salary in NC?

Living Wage Calculation for North Carolina

1 ADULT 2 ADULTS (1 WORKING)
0 Children 2 Children
Living Wage $17.14 $36.37
Poverty Wage $6.19 $12.74
Minimum Wage $7.25 $7.25

What is a good hourly wage in NC?

Hourly Salary in North Carolina

Annual Salary Hourly Wage
Top Earners $48,739 $23
75th Percentile $34,312 $16
Average $30,635 $15
25th Percentile $21,445 $10

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).

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.

Is it cheaper to live in SC or NC?

While North Carolina’s overall cost of living is still lower compared to the national average of 100%, it’s still slightly above South Carolina’s cost of living. Furthermore, people living in NC pay below the country’s average for housing, groceries, utilities, and transportation.

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What city in NC has the cheapest rent?

The cheapest places in North Carolina to live for renters

  • Mooresville.
  • Chapel Hill.
  • Apex.
  • Asheville.
  • Greenville.
  • Winston-Salem.
  • Burlington.
  • Fayetteville.