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Old 07-22-2017, 07:06 AM
 
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Originally Posted by TarHeelNick View Post
Raleigh-Durham is the airport.....the metro region is generally referred to by those who live here as "The Research Triangle" or usually just "The Triangle".

That being said....it's not as "cheap" as many people believe. At least not anymore. I'd imagine the COL is higher on average here than in the Atlanta area now; especially in the western half (western suburbs of Raleigh, S. Durham, Chapel Hill/Carrboro).
It's about even. The "cherry-picked" more expensive side of the Triangle (Durham-Chapel Hill) is 3.7% more expensive when compared to the entire Atlanta metro. If able to utilize a comparison to the better parts of the Atlanta metro (the northern suburbs of Sandy Spring-Roswell-Alpharetta-Johns Creek for example) it would no doubt equal out or perhaps even go higher.

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Old 07-22-2017, 07:53 AM
 
Location: Research Triangle Area, NC
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Originally Posted by kyle19125 View Post
It's about even. The "cherry-picked" more expensive side of the Triangle (Durham-Chapel Hill) is 3.7% more expensive when compared to the entire Atlanta metro. If able to utilize a comparison to the better parts of the Atlanta metro (the northern suburbs of Sandy Spring-Roswell-Alpharetta-Johns Creek for example) it would no doubt equal out or perhaps even go higher.

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I wouldn't consider that area "cherry-picked"...especially since the majority of that western third you included, South Durham, is typically less expensive (by a considerable margin) than the suburban areas of Western Wake Co. (NW Raleigh, Morrisville, Cary, Apex, Holly Springs) which I was also including before. All of those areas; commutable to RTP and/or one of the three major universities have home prices and rents well above the national average.
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Old 07-22-2017, 08:14 AM
 
21,195 posts, read 30,379,606 times
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Quote:
Originally Posted by TarHeelNick View Post
I wouldn't consider that area "cherry-picked"...especially since the majority of that western third you included, South Durham, is typically less expensive (by a considerable margin) than the suburban areas of Western Wake Co. (NW Raleigh, Morrisville, Cary, Apex, Holly Springs) which I was also including before. All of those areas; commutable to RTP and/or one of the three major universities have home prices and rents well above the national average.
The point is if one could take the Raleigh-Durham overall average versus the Atlanta metro overall average it would be about even in terms of cost of living, and both metros have similar areas priced above the national average.
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