Cost of Living: Concord, NH vs New london, CT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Concord | New london |
|---|---|---|
| Housing Index | 110.0 | 120.0 |
| Median Home Price | $299,000 | $258,000 |
| Average Rent (2 BR Apartment) | $1800 | $1800 |
| Average Rent (2 BR House) | $1840 | $1900 |
Housing Comparison: Concord vs New london
- In Concord, the median home price is higher at $299,000, while in New london it is $258,000.
- The rent for a two-bedroom apartment is equal in both Concord and New london at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Concord | New london |
|---|---|---|
| Electricity Price | $22.44 | $26 |
| Natural Gas Price | $17.58 | $Data is updating |
| Other Utilities | $250 | $200 |
Utilities Comparison: Concord vs New london
- New london has higher electricity costs at $26 per kWh, versus $22.44 in Concord.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Concord at an average of $250, compared to New london with $200.