We’re proud to be building a world-class machine learning company in one of the country’s most desirable regions: North Carolina’s Research Triangle. There’s a reason companies like Amazon and Apple are seriously thinking about moving to the neighborhood.
Here are a few reasons why we love it here – and why we think you will, too:
Low Cost of Living
In our hometown of Durham, you can get a two-bedroom apartment for $850 a month. And you can buy a three-bedroom home for just over $220,000.
Compare that to equivalent housing costs in Seattle ($2,100 to rent, $550,000 to buy), Brooklyn ($2,700 to rent, $1M to buy), or San Francisco, ($3,500 to rent, $1M to buy).
Affordable housing contributes to an enormous cost of living advantage for our team. As of this writing, the cost of living is over 60% higher in Seattle and nearly 100% higher in Brooklyn or San Francisco.
And by the way – when a 2018 poll found that almost half (!) of Bay Area residents plan to move somewhere else, the number one cited reason was – you guessed it – housing.
Check out NerdWallet’s cost of living calculator and run the numbers for your own city.
Highly-Ranked Quality of Life
The best US city for millennials? Durham, NC.
One of the best places to retire? Raleigh-Durham, NC.
If we’re making an impression on both ends of the spectrum, we’re clearly doing something right.
And we’re not just in the running for Amazon’s HQ2: we’re a serious contender. In a recent analysis of the finalists, “Raleigh, North Carolina ranked No. 1 on the list thanks to relatively affordable homes, above-average school scores and below-average crime rates and property taxes.”
Access to Fun
Fancy a day at the beach? You can be there in under two and half hours.
Prefer a walk in the woods? Pilot Mountain State Park is a little over an hour and a half away. Or, go further west to explore Asheville and the Blue Ridge Mountains.
Bon Appétit called Durham “America’s Foodiest Small Town.” Zagat recently named our neighbor Raleigh one of America’s “30 Most Exciting Food Cities.” Raleigh was number 12, by the way. New York City was number 15.
Of course, the best way to really understand how great it is to live here is to see for yourself. We hope you do!