Cost of Living in Durham, NC
2024 data from the Bureau of Economic Analysis
Cost Index
97.6
2.4% below avg
Housing Index
98.9
Median Income
$76,040
Median Rent
$1,249/mo
Cost Breakdown
Overall97.6 (-2.4%)
Housing98.9 (-1.1%)
Goods96.6 (-3.4%)
Utilities89.3 (-10.7%)
Other Services98.2 (-1.8%)
National average = 100
Income & Housing
Median Household Income
$76,040/year
Median Home Value
$310,600
Median Monthly Rent
$1,249/mo
Per Capita Income
$44,718/year
Compare Durham, NC With
Frequently Asked Questions
Is Durham, NC expensive to live in?
Durham, NC has a cost of living index of 97.6, which is 2.4% below the national average.
How much does housing cost in Durham, NC?
Housing costs in Durham, NC are indexed at 98.9 compared to the national average of 100. The median monthly rent is $1,249.
What is the average income in Durham, NC?
The median household income in Durham, NC is $76,040 per year.
What is the average home price in Durham, NC?
The median home value in Durham, NC is $310,600.