Cost of Living: Danville, KY vs New london, CT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Danville | New london |
|---|---|---|
| Housing Index | 75.0 | 120.0 |
| Median Home Price | $187,000 | $258,000 |
| Average Rent (2 BR Apartment) | $960 | $1800 |
| Average Rent (2 BR House) | $1024 | $1900 |
Housing Comparison: Danville vs New london
- The median home price in New london is higher at $258,000, compared to $187,000 in Danville.
- Renting a two-bedroom apartment costs more in Danville at $960 than in 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 | Danville | New london |
|---|---|---|
| Electricity Price | $12.87 | $26 |
| Natural Gas Price | $22.78 | $Data is updating |
| Other Utilities | $200 | $200 |
Utilities Comparison: Danville vs New london
- New london has higher electricity costs at $26 per kWh, versus $12.87 in Danville.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Danville and New london averaging $200.