Durham, CT vs Oakville, CT

There is a significant gap in the cost of living between these two cities. Oakville is 20.1% cheaper than Durham. With a cost index of 98 vs 117, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Oakville to Durham should plan for substantially higher expenses across most categories.

On the housing front, median rent in Durham is $1,684/month compared to $1,378/month in Oakville — a 22% difference. Home values follow the same pattern: Oakville is more affordable at $253,500 median vs $378,900.

Median household income in Durham is $126,406 compared to $89,330 in Oakville (+41.5%). While Durham is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Durham spend roughly 16% of their income on rent, less than the 18.5% in Oakville.