Cost of Living: Des moines, IA vs Durham, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Des moines | Durham |
|---|---|---|
| Housing Index | 85.0 | 95.0 |
| Median Home Price | $242,000 | $334,000 |
| Average Rent (2 BR Apartment) | $1200 | $1500 |
| Average Rent (2 BR House) | $1280 | $1600 |
Housing Comparison: Des moines vs Durham
- The median home price in Durham is higher at $334,000, compared to $242,000 in Des moines.
- In Durham, the rental for a two-bedroom apartment stands at $1,500, while it is $1,200 in Des moines.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Des moines | Durham |
|---|---|---|
| Electricity Price | $14.82 | $13.72 |
| Natural Gas Price | $15.61 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Des moines vs Durham
- Electricity costs are higher in Des moines at $14.82 per kWh, compared to $13.72 in Durham.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Des moines and Durham averaging $250.