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.