Cost of Living: Lutz, FL vs New london, CT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lutz | New london |
|---|---|---|
| Housing Index | 112.5 | 120.0 |
| Median Home Price | $440,000 | $258,000 |
| Average Rent (2 BR Apartment) | $1800 | $1800 |
| Average Rent (2 BR House) | $1846 | $1900 |
Housing Comparison: Lutz vs New london
- In Lutz, the median home price is higher at $440,000, while in New london it is $258,000.
- The rent for a two-bedroom apartment is equal in both Lutz and New london at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lutz | New london |
|---|---|---|
| Electricity Price | $13.89 | $26 |
| Natural Gas Price | $26.13 | $Data is updating |
| Other Utilities | $250 | $200 |
Utilities Comparison: Lutz vs New london
- New london has higher electricity costs at $26 per kWh, versus $13.89 in Lutz.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Lutz at an average of $250, compared to New london with $200.