Durham, NC Cost of Living (2024): How Expensive Is It?

What Salary Do You Need to Live Comfortably in Durham, NC in 2024?

Overall, on average, a gross annual salary of $60,524 is required for an average quality of life in Durham, NC.

Is the Cost of Living High in Durham, NC?

Durham, NC is ranked 133rd out of the 333 most populated cities in the U.S. for having the lowest cost of living. Therefore, it is considered one of the cheaper cities in which to live in the U.S. Durham, NC's average monthly rent is 28% lower than the U.S. average cost of rent.

Is $50,000 a Good Salary in Durham, NC in 2024?

A gross annual salary of $50,000 in Durham, NC will yield an average annual net salary of $43,632. Considering that the total average annual cost of living in Durham, NC is $44,235, a gross annual salary of $50,000 will be insufficient to cover average living costs.

How Much Should You Pay for Rent in Durham, NC?

The average monthly rent in Durham, NC in the city center is $1,403 for a 1 bedroom apartment, $1,700 for a 2 bedroom apartment and $2,001 for a 3 bedroom apartment. Outside the city center, the average monthly rent in is $1,103 for a 1 bedroom apartment, $1,405 for a 2 bedroom apartment and $1,706 for a 3 bedroom apartment.