Durham is 18% cheaper than Richardson.
When comparing Durham, NC and Richardson, TX, the overall cost of living indices are 105 and 128 respectively (national median = 100). Rent is $413/month cheaper in Durham, saving renters about $4,956/year.
Median household income is $17,023/year higher in Richardson. Home values also differ significantly — the median in Durham is $355,300 compared to $405,600 in Richardson.
Texas has no state income tax, giving Richardson residents a significant tax advantage over North Carolina's 4.5% rate.
Durham vs Richardson — common questions
Other cost of living comparisons for Durham and Richardson