Cost of Living: Safford, AZ vs Palm bay, FL

Housing

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

Metric Safford Palm bay
Housing Index 85.0 90.0
Median Home Price $250,000 $346,000
Average Rent (2 BR Apartment) $1200 $1600
Average Rent (2 BR House) $1200 $1645

Housing Comparison: Safford vs Palm bay

  • The median home price in Palm bay is higher at $346,000, compared to $250,000 in Safford.
  • In Palm bay, the rental for a two-bedroom apartment stands at $1,600, while it is $1,200 in Safford.

Utilities

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

Metric Safford Palm bay
Electricity Price $15.14 $13.89
Natural Gas Price $23.51 $26.13
Other Utilities $200 $200

Utilities Comparison: Safford vs Palm bay

  • Electricity costs are higher in Safford at $15.14 per kWh, compared to $13.89 in Palm bay.
  • Palm bay experiences higher natural gas costs at $26.13 per unit, with costs at $23.51 in Safford.
  • Utility expenses are equal in both Safford and Palm bay averaging $200.