Cost of Living: Sanford, NC vs Elizabeth, NJ
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Sanford | Elizabeth |
---|---|---|
Housing Index | 90.0 | 125.0 |
Median Home Price | $252,000 | $293,000 |
Average Rent (2 BR Apartment) | $1200 | $2400 |
Average Rent (2 BR House) | $1280 | $2400 |
Housing Comparison: Sanford vs Elizabeth
- The median home price in Elizabeth is higher at $293,000, compared to $252,000 in Sanford.
- In Elizabeth, the rental for a two-bedroom apartment stands at $2,400, while it is $1,200 in Sanford.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
Metric | Sanford | Elizabeth |
---|---|---|
Electricity Price | $13.72 | $19.88 |
Natural Gas Price | $Data is updating | $14.01 |
Other Utilities | $200 | $250 |
Utilities Comparison: Sanford vs Elizabeth
- Elizabeth has higher electricity costs at $19.88 per kWh, versus $13.72 in Sanford.
- Natural gas price data is currently unavailable.
- Elizabeth has higher utility expenses, averaging $250, while Sanford averages $200.