Cost of Living: Sanford, NC vs Prescott, AZ

Housing

The housing market plays a significant role in determining the cost of living.

Metric Sanford Prescott
Housing Index 90.0 110.0
Median Home Price $252,000 $531,000
Average Rent (2 BR Apartment) $1200 $1800
Average Rent (2 BR House) $1280 $1840

Housing Comparison: Sanford vs Prescott

  • The median home price in Prescott is higher at $531,000, compared to $252,000 in Sanford.
  • In Prescott, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in Sanford.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Sanford Prescott
Electricity Price $13.72 $15.14
Natural Gas Price $Data is updating $23.51
Other Utilities $200 $250

Utilities Comparison: Sanford vs Prescott

  • Prescott has higher electricity costs at $15.14 per kWh, versus $13.72 in Sanford.
  • Natural gas price data is currently unavailable.
  • Prescott has higher utility expenses, averaging $250, while Sanford averages $200.