Cost of Living: Hickory, NC vs New milford, CT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hickory | New milford |
|---|---|---|
| Housing Index | 85.0 | 110.0 |
| Median Home Price | $274,000 | $406,000 |
| Average Rent (2 BR Apartment) | $1200 | $2200 |
| Average Rent (2 BR House) | $1325 | $2240 |
Housing Comparison: Hickory vs New milford
- The median home price in New milford is higher at $406,000, compared to $274,000 in Hickory.
- In New milford, the rental for a two-bedroom apartment stands at $2,200, while it is $1,200 in Hickory.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Hickory | New milford |
|---|---|---|
| Electricity Price | $13.72 | $26 |
| Natural Gas Price | $Data is updating | $Data is updating |
| Other Utilities | $150 | $250 |
Utilities Comparison: Hickory vs New milford
- New milford has higher electricity costs at $26 per kWh, versus $13.72 in Hickory.
- Natural gas price data is currently unavailable.
- New milford has higher utility expenses, averaging $250, while Hickory averages $150.