Cost of Living: Fayetteville, NC vs Sanford, ME

Housing

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

Metric Fayetteville Sanford
Housing Index 90.0 120.0
Median Home Price $264,000 $310,000
Average Rent (2 BR Apartment) $1200 $1800
Average Rent (2 BR House) $1280 $1900

Housing Comparison: Fayetteville vs Sanford

  • The median home price in Sanford is higher at $310,000, compared to $264,000 in Fayetteville.
  • In Sanford, 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 Sanford
Electricity Price $13.72 $22.26
Natural Gas Price $Data is updating $21.63
Other Utilities $150 $250

Utilities Comparison: Fayetteville vs Sanford

  • Sanford has higher electricity costs at $22.26 per kWh, versus $13.72 in Fayetteville.
  • Natural gas price data is currently unavailable.
  • Sanford has higher utility expenses, averaging $250, while Fayetteville averages $150.