Cost of Living: Cabot, AR vs Ridgefield, CT
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Cabot | Ridgefield |
---|---|---|
Housing Index | 90.0 | 128.0 |
Median Home Price | $217,500 | $Data is updating |
Average Rent (2 BR Apartment) | $1200 | $2400 |
Average Rent (2 BR House) | $1245 | $2456 |
Housing Comparison: Cabot vs Ridgefield
- In Cabot, the median home price is higher at $217,500, while in Ridgefield it is $0.
- In Ridgefield, the rental for a two-bedroom apartment stands at $2,400, while it is $1,200 in Cabot.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
Metric | Cabot | Ridgefield |
---|---|---|
Electricity Price | $12.36 | $26 |
Natural Gas Price | $17.08 | $Data is updating |
Other Utilities | $200 | $220 |
Utilities Comparison: Cabot vs Ridgefield
- Ridgefield has higher electricity costs at $26 per kWh, versus $12.36 in Cabot.
- Natural gas price data is currently unavailable.
- Ridgefield has higher utility expenses, averaging $220, while Cabot averages $200.