Cost of Living: Fayetteville, NC vs Hanford, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Fayetteville | Hanford |
|---|---|---|
| Housing Index | 90.0 | 110.0 |
| Median Home Price | $264,000 | $283,000 |
| Average Rent (2 BR Apartment) | $1200 | $1800 |
| Average Rent (2 BR House) | $1280 | $1840 |
Housing Comparison: Fayetteville vs Hanford
- The median home price in Hanford is higher at $283,000, compared to $264,000 in Fayetteville.
- In Hanford, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in Fayetteville.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Fayetteville | Hanford |
|---|---|---|
| Electricity Price | $13.72 | $32.99 |
| Natural Gas Price | $Data is updating | $16.99 |
| Other Utilities | $150 | $250 |
Utilities Comparison: Fayetteville vs Hanford
- Hanford has higher electricity costs at $32.99 per kWh, versus $13.72 in Fayetteville.
- Natural gas price data is currently unavailable.
- Hanford has higher utility expenses, averaging $250, while Fayetteville averages $150.