Cost of Living in Durham, NC

Population 288,465 · North Carolina · Data vintage 2023

113
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

The Durham cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $355,000, rents near $1,412 a month.

Cost Overview

Housing 116
Rent 107

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Durham

The median home value in Durham is $355,300 — 16% above the national median of $305,000. Median rent runs $1,412/month, 7% higher than the national median of $1,314/month. The median household income of $79,234/year is 6% higher than the US median of $74,580. The local unemployment rate is 4.2%, below the national average of 4.8%. North Carolina's top state income tax rate is 4.5% and the combined sales tax is 7.0%. The climate averages highs of 72.0°F and lows of 50.4°F, with about 5.2" of annual snowfall. Overall, Durham has a cost of living index of 113 versus the US average of 100, meaning it is 13% more expensive.

🏠 Housing

Median Home Value
$355,300
16% above avg
Zillow Home Value
$393,151
Zillow ZHVI
Median Rent
$1,412/mo
7% above avg
Zillow Rent
$1,651/mo
Zillow ZORI
Price-to-Rent Ratio
21.0x
Favors renting
Property Tax Rate
0.8%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$826
1 BR
$860
2 BR
$1,049
3 BR
$1,384
4 BR
$1,637
Owner-occupied 51.8%
Renter-occupied 48.2%

💰 Estimated Monthly Budget

Rent median rent
$1,412
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,026/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
24.4 min
10% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
20.6%

Commute Mode

Drove alone
65.2%
Carpooled
8.0%
Public transit
2.2%
Walked
2.3%
Bicycle
0.5%
Work from home
20.6%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 4.5%
Total Sales Tax 7.0%
State rate 4.8%
Avg local rate 2.2%
Property Tax 0.8%

💼 Income & Employment

Median Household Income
$79,234
6% above avg
Per Capita Income
$47,246
Unemployment Rate
4.2%
14% below avg
Poverty Rate
12.2%
Labor Force Participation
69.2%

🎓 Education

Bachelor's degree+ 28.8%
Graduate degree 26.9%

👥 Demographics

Median Age 34.8
Male median age 34
Female median age 35.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
72.0°F
Avg Low
50.4°F
Annual Precip
46.1"
Annual Snowfall
5.2"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 525663738087918983736355
Low °F 323440495866706963504034
Precip" 3.432.784.103.533.383.895.024.715.153.373.323.39
Snow" 2.61.40.30.00.00.00.00.00.00.00.10.8

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 52 — Moderate
44.7%
Good air days/yr
181
Max AQI recorded
291
PM2.5 days
74
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

84%
4-Year Graduation Rate
14.4:1
Student-teacher ratio
54
Public schools
33,435
Total enrollment

Frequently Asked Questions

What is the cost of living in Durham, NC?

Durham has a cost index of 113 (100 = national average). It is 13% above the national average.

What is average rent in Durham, NC?

The median gross rent in Durham is $1,412 per month based on 2023 Census data.

What is the average home price in Durham?

The median home value in Durham is $355,300 according to Zillow and Census data.

What is the median income in Durham?

The median household income in Durham is $79,234 per year (2023 ACS 5-year estimates).

What is the sales tax in Durham, NC?

The combined state and local sales tax rate in Durham is 7.0%. The North Carolina state income tax top rate is 4.5%.

Is Durham, NC affordable?

Durham is above average in cost of living, with an index of 113 — about 13% higher than the national average.

What is the weather like in Durham?

Durham has average high temperatures of 72.0°F and average lows of 50.4°F. Annual precipitation is 46.1". Average annual snowfall is 5.2". Data from NOAA 1991–2020 Climate Normals.