Cost of Living: Sanford, NC vs Hoffman estates, IL

Housing

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

Metric Sanford Hoffman estates
Housing Index 90.0 110.5
Median Home Price $252,000 $390,000
Average Rent (2 BR Apartment) $1200 $1800
Average Rent (2 BR House) $1280 $1900

Housing Comparison: Sanford vs Hoffman estates

  • The median home price in Hoffman estates is higher at $390,000, compared to $252,000 in Sanford.
  • In Hoffman estates, the rental for a two-bedroom apartment stands at $1,800, 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 Hoffman estates
Electricity Price $13.72 $16.15
Natural Gas Price $Data is updating $16.59
Other Utilities $200 $250

Utilities Comparison: Sanford vs Hoffman estates

  • Hoffman estates has higher electricity costs at $16.15 per kWh, versus $13.72 in Sanford.
  • Natural gas price data is currently unavailable.
  • Hoffman estates has higher utility expenses, averaging $250, while Sanford averages $200.