Cost of Living: Meriden, CT vs Lebanon, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Meriden | Lebanon |
|---|---|---|
| Housing Index | 120.0 | 92.0 |
| Median Home Price | $265,000 | $312,000 |
| Average Rent (2 BR Apartment) | $1800 | $1600 |
| Average Rent (2 BR House) | $1840 | $1646 |
Housing Comparison: Meriden vs Lebanon
- The median home price in Lebanon is higher at $312,000, compared to $265,000 in Meriden.
- Renting a two-bedroom apartment costs more in Meriden at $1,800 than in Lebanon at $1,600.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Meriden | Lebanon |
|---|---|---|
| Electricity Price | $26 | $12.57 |
| Natural Gas Price | $Data is updating | $12.35 |
| Other Utilities | $250 | $260 |
Utilities Comparison: Meriden vs Lebanon
- Electricity costs are higher in Meriden at $26 per kWh, compared to $12.57 in Lebanon.
- Natural gas price data is currently unavailable.
- Lebanon has higher utility expenses, averaging $260, while Meriden averages $250.