Cost of Living: Germantown, TN vs Torrington, CT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Germantown | Torrington |
|---|---|---|
| Housing Index | 90.0 | 115.0 |
| Median Home Price | $401,000 | $287,000 |
| Average Rent (2 BR Apartment) | $1400 | $1500 |
| Average Rent (2 BR House) | $1500 | $1600 |
Housing Comparison: Germantown vs Torrington
- In Germantown, the median home price is higher at $401,000, while in Torrington it is $287,000.
- In Torrington, the rental for a two-bedroom apartment stands at $1,500, while it is $1,400 in Germantown.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Germantown | Torrington |
|---|---|---|
| Electricity Price | $12.57 | $26 |
| Natural Gas Price | $12.35 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Germantown vs Torrington
- Torrington has higher electricity costs at $26 per kWh, versus $12.57 in Germantown.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Germantown and Torrington averaging $250.