Raleigh, Chapel Hill, and Durham are much known for their technology/ research roots in addition to their college rivalries. This is a tri-city region that is attracting close to 80 new residents daily, all thanks to the high quality of life and steady job growth. Most of the people who refer to Raleigh as their home are young, educated, friendly and diverse. They enjoy eating out in many local restaurants â most of which have received national accolades â and gathering the over craft beers in one of the microbreweries in the region. The city of Raleigh portrays a strong sense of community because strangers are quick to offer some friendly advice when youâre queuing at a supermarket.
What Is the Cost of Living In Durham?
The average cost of living in Raleigh is a bit lower than the countryâs average, with home prices experiencing a rise in the past few years. In fact, the housing costs are expected to escalate with more and more people streaming into the area looking to advance their careers. While the housing costs seem to be rising, the reasonably low property taxes have made home ownership easier in Raleigh as compared to other major cities.
Raleigh and the adjacent cities of Chapel Hill and Durham are gradually emerging as technology hubs and thus attracting thousands of new residents in the past five years with its stable and strong job market. In the year 2013, the average selling price of homes in the city started to rise, and today the rates are just a bit higher than the national average price. However, the price tags for homes vary based on the neighborhood. For instance, homes located to the south of downtown go for about $70,000 whereas properties to the west go for a staggering $500,000.
Whatâs The Weather Like In Raleigh?
This city experiences some hot and humid summers. The winter season rarely brings snow to the town, but a few icy road conditions are known to occur. Schools and businesses usually close early for winter weather advisories.