Cost of Living: Canaan, CT vs Elko new market, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Canaan | Elko new market |
|---|---|---|
| Housing Index | Data is updating | Data is updating |
| Median Home Price | $259,000 | $338,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $Data is updating |
| Average Rent (2 BR House) | $Data is updating | $Data is updating |
Housing Comparison: Canaan vs Elko new market
- The median home price in Elko new market is higher at $338,000, compared to $259,000 in Canaan.
- The rent for a two-bedroom apartment is equal in both Canaan and Elko new market at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Canaan | Elko new market |
|---|---|---|
| Electricity Price | $26 | $16.38 |
| Natural Gas Price | $Data is updating | $14.87 |
| Other Utilities | $Data is updating | $Data is updating |
Utilities Comparison: Canaan vs Elko new market
- Electricity costs are higher in Canaan at $26 per kWh, compared to $16.38 in Elko new market.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Canaan and Elko new market averaging $0.0.