Durham, CT vs Southwood Acres, CT

There is a significant gap in the cost of living between these two cities. Southwood Acres is 16.5% cheaper than Durham. With a cost index of 101 vs 117, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Southwood Acres 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 $1,493/month in Southwood Acres — a 13% difference. Home values follow the same pattern: Southwood Acres is more affordable at $247,400 median vs $378,900.

Median household income in Durham is $126,406 compared to $105,529 in Southwood Acres (+19.8%). 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 17% in Southwood Acres.