Cost of Living: Mckinney, TX vs Sanford, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Mckinney | Sanford |
|---|---|---|
| Housing Index | 95.0 | 90.0 |
| Median Home Price | $360,000 | $252,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1900 | $1280 |
Housing Comparison: Mckinney vs Sanford
- In Mckinney, the median home price is higher at $360,000, while in Sanford it is $252,000.
- Renting a two-bedroom apartment costs more in Mckinney at $1,800 than in Sanford at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Mckinney | Sanford |
|---|---|---|
| Electricity Price | $14.47 | $13.72 |
| Natural Gas Price | $26.29 | $Data is updating |
| Other Utilities | $200 | $200 |
Utilities Comparison: Mckinney vs Sanford
- Electricity costs are higher in Mckinney at $14.47 per kWh, compared to $13.72 in Sanford.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Mckinney and Sanford averaging $200.