Cost of Living: Hampton, GA vs New london, CT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hampton | New london |
|---|---|---|
| Housing Index | 110.0 | 120.0 |
| Median Home Price | $298,000 | $258,000 |
| Average Rent (2 BR Apartment) | $1400 | $1800 |
| Average Rent (2 BR House) | $1450 | $1900 |
Housing Comparison: Hampton vs New london
- In Hampton, the median home price is higher at $298,000, while in New london it is $258,000.
- In New london, the rental for a two-bedroom apartment stands at $1,800, while it is $1,400 in Hampton.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Hampton | New london |
|---|---|---|
| Electricity Price | $15.53 | $26 |
| Natural Gas Price | $27.53 | $Data is updating |
| Other Utilities | $200 | $200 |
Utilities Comparison: Hampton vs New london
- New london has higher electricity costs at $26 per kWh, versus $15.53 in Hampton.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Hampton and New london averaging $200.