Cost of Living: Lawrenceburg, TN vs Milford, CT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lawrenceburg | Milford |
|---|---|---|
| Housing Index | 85.0 | 125.0 |
| Median Home Price | $195,000 | $376,000 |
| Average Rent (2 BR Apartment) | $1200 | $2200 |
| Average Rent (2 BR House) | $1285 | $2250 |
Housing Comparison: Lawrenceburg vs Milford
- The median home price in Milford is higher at $376,000, compared to $195,000 in Lawrenceburg.
- In Milford, the rental for a two-bedroom apartment stands at $2,200, while it is $1,200 in Lawrenceburg.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lawrenceburg | Milford |
|---|---|---|
| Electricity Price | $12.57 | $26 |
| Natural Gas Price | $12.35 | $Data is updating |
| Other Utilities | $220 | $250 |
Utilities Comparison: Lawrenceburg vs Milford
- Milford has higher electricity costs at $26 per kWh, versus $12.57 in Lawrenceburg.
- Natural gas price data is currently unavailable.
- Milford has higher utility expenses, averaging $250, while Lawrenceburg averages $220.