Cost of Living in Durham, NC
Durham has a cost of living index of 102 (100 = national average), making it close to the national average. The median household income is $60,440 and the median home price is $370,000.
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Durham at a Glance
Population
295,600
Cost of Living Index
102
Median Income
$60,440
Median Home Price
$370,000
Property Tax Rate
1.18%
Sales Tax Rate
7.50%
Rent Index
102
State
North Carolina
Living in Durham
Durham has a cost of living slightly above the national average. While housing at $370,000 is a significant expense, the area offers a balance between cost and quality of life.
The combined sales tax rate in Durham is 7.50%, and the effective property tax rate is 1.18%. Property taxes are close to the national average.