Cost of Living: Sanford, NC vs Siloam springs, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Sanford | Siloam springs |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $252,000 | $245,000 |
| Average Rent (2 BR Apartment) | $1200 | $800 |
| Average Rent (2 BR House) | $1280 | $850 |
Housing Comparison: Sanford vs Siloam springs
- In Sanford, the median home price is higher at $252,000, while in Siloam springs it is $245,000.
- In Siloam springs, the rental for a two-bedroom apartment stands at $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 | Siloam springs |
|---|---|---|
| Electricity Price | $13.72 | $12.36 |
| Natural Gas Price | $Data is updating | $17.08 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Sanford vs Siloam springs
- Electricity costs are higher in Sanford at $13.72 per kWh, compared to $12.36 in Siloam springs.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Sanford and Siloam springs averaging $200.