Cost of Living: Gresham, OR vs Durham, NC

Housing

The housing market plays a significant role in determining the cost of living.

Metric Gresham Durham
Housing Index 120.0 95.0
Median Home Price $476,000 $334,000
Average Rent (2 BR Apartment) $1800 $1500
Average Rent (2 BR House) $1860 $1600

Housing Comparison: Gresham vs Durham

  • In Gresham, the median home price is higher at $476,000, while in Durham it is $334,000.
  • Renting a two-bedroom apartment costs more in Gresham at $1,800 than in Durham at $1,500.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Gresham Durham
Electricity Price $15.12 $13.72
Natural Gas Price $16.5 $Data is updating
Other Utilities $250 $250

Utilities Comparison: Gresham vs Durham

  • Electricity costs are higher in Gresham at $15.12 per kWh, compared to $13.72 in Durham.
  • Natural gas price data is currently unavailable.
  • Utility expenses are equal in both Gresham and Durham averaging $250.