Cost of Living: Modesto, CA vs Cave creek, AZ

Housing

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

Metric Modesto Cave creek
Housing Index 110.0 120.0
Median Home Price $428,000 $668,000
Average Rent (2 BR Apartment) $1900 $2000
Average Rent (2 BR House) $1925 $2045

Housing Comparison: Modesto vs Cave creek

  • The median home price in Cave creek is higher at $668,000, compared to $428,000 in Modesto.
  • In Cave creek, the rental for a two-bedroom apartment stands at $2,000, while it is $1,900 in Modesto.

Utilities

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

Metric Modesto Cave creek
Electricity Price $32.99 $15.14
Natural Gas Price $16.99 $23.51
Other Utilities $250 $250

Utilities Comparison: Modesto vs Cave creek

  • Electricity costs are higher in Modesto at $32.99 per kWh, compared to $15.14 in Cave creek.
  • Cave creek experiences higher natural gas costs at $23.51 per unit, with costs at $16.99 in Modesto.
  • Utility expenses are equal in both Modesto and Cave creek averaging $250.