Cost of Living: Des moines, IA vs New london, CT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Des moines | New london |
|---|---|---|
| Housing Index | 85.0 | 120.0 |
| Median Home Price | $242,000 | $258,000 |
| Average Rent (2 BR Apartment) | $1200 | $1800 |
| Average Rent (2 BR House) | $1280 | $1900 |
Housing Comparison: Des moines vs New london
- The median home price in New london is higher at $258,000, compared to $242,000 in Des moines.
- In New london, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in Des moines.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Des moines | New london |
|---|---|---|
| Electricity Price | $14.82 | $26 |
| Natural Gas Price | $15.61 | $Data is updating |
| Other Utilities | $250 | $200 |
Utilities Comparison: Des moines vs New london
- New london has higher electricity costs at $26 per kWh, versus $14.82 in Des moines.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Des moines at an average of $250, compared to New london with $200.