Cost of Living: New london, CT vs Newton, MA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | New london | Newton |
|---|---|---|
| Housing Index | 120.0 | 140.0 |
| Median Home Price | $258,000 | $1,449,000 |
| Average Rent (2 BR Apartment) | $1800 | $3100 |
| Average Rent (2 BR House) | $1900 | $3200 |
Housing Comparison: New london vs Newton
- The median home price in Newton is higher at $1,449,000, compared to $258,000 in New london.
- In Newton, the rental for a two-bedroom apartment stands at $3,100, while it is $1,800 in New london.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | New london | Newton |
|---|---|---|
| Electricity Price | $26 | $28.15 |
| Natural Gas Price | $Data is updating | $21.62 |
| Other Utilities | $200 | $250 |
Utilities Comparison: New london vs Newton
- Newton has higher electricity costs at $28.15 per kWh, versus $26 in New london.
- Natural gas price data is currently unavailable.
- Newton has higher utility expenses, averaging $250, while New london averages $200.