Cost of Living in Sanford, NC

Housing

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

• Housing Index: 90.0 / 100
• Median Home Price is: $252000
• Average Rent (2 BR Apartment): $1200 per month
• Average Rent (2 BR House): $1280 per month

When considering a move to Sanford, NC, the housing index stands at 90.0, indicating relatively affordable living conditions compared to national averages. With a median home price of 252000, homeownership might be a viable option, while the average rent for a 2BR apartment is 1200 and for a house is 1280. Additionally, living expenses, local amenities, and job market opportunities should also supplement your decision, ensuring a comprehensive understanding of what life in Sanford offers in terms of both lifestyle and affordability.

Utilities

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

• Electricity Price: 13.72 USD (median by state)
• Natural Gas Price: $None USD per Thousand Cubic Feet (median by state)
• Other Utilities (water, garbage, etc.): $200 per month

Living in Sanford, NC could entail higher utility costs. Electricity costs sit at 13.72, while natural gas is priced at None per Thousand Cubic Feet—both aligning with state medians. Expect to budget about 200 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 95.5

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $52951

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Sanford, NC, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.