Question 1

How far does your money go in Durham compared with the US?

Accepted Answer

Based on the current PPP estimate, the same home-country income goes about 1.1x further in Durham. We are using the country-level cost index for United States here because a defensible city-level aggregate index is not available yet.

Question 2

Is Durham cheaper or more expensive overall than New York City?

Accepted Answer

Overall living costs are about 31% cheaper than New York City for Durham. We are using the country-level cost index for United States here because a defensible city-level aggregate index is not available yet.

Question 3

How does rent in Durham compare with New York City?

Accepted Answer

Rent are about 59% cheaper than New York City in Durham. We are using the country-level cost index for United States here because a defensible city-level aggregate index is not available yet.

Question 4

How expensive are groceries and restaurants in Durham?

Accepted Answer

Groceries are about 26% cheaper than New York City and restaurant prices are about 27% cheaper than New York City. We are using the country-level cost index for United States here because a defensible city-level aggregate index is not available yet.

Durham, United States

Purchasing Power vs. United States

How Far Your Money Goes

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