Cost of Living: Anchorage, AK vs Cave creek, AZ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Anchorage | Cave creek |
|---|---|---|
| Housing Index | 120.0 | 120.0 |
| Median Home Price | $395,000 | $668,000 |
| Average Rent (2 BR Apartment) | $1800 | $2000 |
| Average Rent (2 BR House) | $1920 | $2045 |
Housing Comparison: Anchorage vs Cave creek
- The median home price in Cave creek is higher at $668,000, compared to $395,000 in Anchorage.
- In Cave creek, the rental for a two-bedroom apartment stands at $2,000, while it is $1,800 in Anchorage.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Anchorage | Cave creek |
|---|---|---|
| Electricity Price | $25.4 | $15.14 |
| Natural Gas Price | $12.01 | $23.51 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Anchorage vs Cave creek
- Electricity costs are higher in Anchorage at $25.4 per kWh, compared to $15.14 in Cave creek.
- Cave creek experiences higher natural gas costs at $23.51 per unit, with costs at $12.01 in Anchorage.
- Utility expenses are equal in both Anchorage and Cave creek averaging $250.