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.