Cost of Living in Durham, NC

Durham is about 5% more expensive than the national average.

What Things Cost

Compared to the US average (100)

Renting
Census ACS 2024
▲ 22%
Buying
Census ACS 2024
▲ 7%
Goods
BEA RPP 2023
▼ 3%
Services
BEA RPP 2023
▼ 4%

Durham at a Glance

Median rent$1,670/mo
Median home price$439,400
Median household income$82,916
State income tax4.25% flat
Combined sales tax7.5%
Effective property tax0.85%

On the median income of $82,916, state income tax is roughly $3,524/year.

Sources: Census ACS 2024, Tax Foundation.

Durham is the grittier, more creative half of the Research Triangle, and it has emerged as one of the most exciting mid-size cities in the South. Duke University and the Research Triangle Park (RTP) biotech corridor provide the economic foundation, but the food scene, arts community, and revitalized downtown have given Durham an identity beyond research. The cost of living is right at the national average, making it a genuine value for the quality of life on offer.

How People Get Around

Source: Census ACS 2024.

Drive alone63%
Public transit2.9%
Carpool8.9%
Work from home20.5%
Walk1.9%
Bicycle1.1%

Who Lives Here

Source: Census ACS 2024.

Population301,877
Median age35
College degree or higher58.9%
Homeowners53.1%
Renters46.9%
Foreign born15.5%
Vacancy rate8.8%

Why People Move to Durham

The food scene has earned Durham national recognition, with multiple James Beard nominations and a depth of cuisines reflecting the city's diversity. The American Tobacco Campus is a beautifully converted former factory complex with restaurants, offices, and entertainment. Durham Bulls baseball (yes, from the movie) and the Durham Performing Arts Center add culture. Duke's campus is stunning. For biotech and tech careers, RTP is one of the strongest ecosystems in the Southeast.

Neighborhoods

Downtown Durham and the American Tobacco Campus area are the revitalized core. Ninth Street is the walkable dining and shopping strip near Duke's East Campus. Brightleaf District has character. Old North Durham and Walltown are gentrifying. For affordable options, East Durham and South Durham offer lower prices. RTP itself is a corporate campus zone between Durham and Raleigh.

Things to Consider

Durham has areas of significant poverty and crime alongside its revitalized core. The revitalization is real but uneven, and gentrification is a live conversation. Traffic has worsened as the Triangle has grown. The city is car-dependent outside of the downtown core. The weather is hot and humid in summer. Durham does not have Charlotte's corporate scale or Raleigh's polished suburban feel.

Compare Durham To...

Raleigh Compare →

Sources: Housing from Census ACS 2024. Goods and services from BEA Regional Price Parities 2023 (Durham-Chapel Hill, NC). Taxes from Tax Foundation. Demographics from Census ACS 2024. Full disclaimer.

Frequently Asked Questions About Durham

One of the best in the South for its size. Multiple James Beard nominations, a diverse restaurant scene, and a food culture that takes both innovation and tradition seriously. Durham's dining is often rated above Raleigh's and rivals Charlotte's at lower prices. The food halls and independent restaurants in the downtown core are the centerpiece.

Durham is grittier, more creative, and slightly more affordable. Raleigh is more polished, more suburban, and has a larger, more corporate downtown. Both benefit from the Research Triangle's tech and biotech economy. Durham has a better food scene and arts community. Raleigh has better suburban schools. They are 25 miles apart, and many residents live in one and work in the other.

Right at the national average, which is exceptional for a city with this quality of food, culture, and career opportunity. Median home prices around $439,400 buy quality homes in desirable neighborhoods. North Carolina's flat 4.5% income tax is competitive. For someone priced out of Austin, Denver, or Nashville, Durham offers a comparable lifestyle at a lower cost.