Cost of Living: Old lyme, CT vs Boaz, AL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Old lyme | Boaz |
|---|---|---|
| Housing Index | 130.0 | 85.0 |
| Median Home Price | $487,500 | $189,000 |
| Average Rent (2 BR Apartment) | $2500 | $950 |
| Average Rent (2 BR House) | $2557 | $1200 |
Housing Comparison: Old lyme vs Boaz
- In Old lyme, the median home price is higher at $487,500, while in Boaz it is $189,000.
- In Boaz, the rental for a two-bedroom apartment stands at $950, while it is $2,500 in Old lyme.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Old lyme | Boaz |
|---|---|---|
| Electricity Price | $26 | $15.03 |
| Natural Gas Price | $Data is updating | $21.76 |
| Other Utilities | $300 | $200 |
Utilities Comparison: Old lyme vs Boaz
- Electricity costs are higher in Old lyme at $26 per kWh, compared to $15.03 in Boaz.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Old lyme at an average of $300, compared to Boaz with $200.