Cost of Living: Carrboro, NC vs New london, CT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Carrboro | New london |
|---|---|---|
| Housing Index | Data is updating | 120.0 |
| Median Home Price | $405,000 | $258,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1800 |
| Average Rent (2 BR House) | $Data is updating | $1900 |
Housing Comparison: Carrboro vs New london
- In Carrboro, the median home price is higher at $405,000, while in New london it is $258,000.
- The rent for a two-bedroom apartment is equal in both Carrboro and New london 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 | Carrboro | New london |
|---|---|---|
| Electricity Price | $13.72 | $26 |
| Natural Gas Price | $Data is updating | $Data is updating |
| Other Utilities | $Data is updating | $200 |
Utilities Comparison: Carrboro vs New london
- New london has higher electricity costs at $26 per kWh, versus $13.72 in Carrboro.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Carrboro and New london averaging $0.0.