Cost of Living: Lebanon, MO vs Waterbury, CT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lebanon | Waterbury |
|---|---|---|
| Housing Index | 90.0 | 110.0 |
| Median Home Price | $220,000 | $200,000 |
| Average Rent (2 BR Apartment) | $1200 | $1500 |
| Average Rent (2 BR House) | $1280 | $1600 |
Housing Comparison: Lebanon vs Waterbury
- In Lebanon, the median home price is higher at $220,000, while in Waterbury it is $200,000.
- In Waterbury, the rental for a two-bedroom apartment stands at $1,500, while it is $1,200 in Lebanon.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lebanon | Waterbury |
|---|---|---|
| Electricity Price | $14.64 | $26 |
| Natural Gas Price | $23.25 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Lebanon vs Waterbury
- Waterbury has higher electricity costs at $26 per kWh, versus $14.64 in Lebanon.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Lebanon and Waterbury averaging $250.