Cost of Living: Meriden, CT vs Pequot lakes, MN

Housing

The housing market plays a significant role in determining the cost of living.

Metric Meriden Pequot lakes
Housing Index 120.0 90.0
Median Home Price $265,000 $290,000
Average Rent (2 BR Apartment) $1800 $1160
Average Rent (2 BR House) $1840 $1200

Housing Comparison: Meriden vs Pequot lakes

  • The median home price in Pequot lakes is higher at $290,000, compared to $265,000 in Meriden.
  • Renting a two-bedroom apartment costs more in Meriden at $1,800 than in Pequot lakes at $1,160.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Meriden Pequot lakes
Electricity Price $26 $16.38
Natural Gas Price $Data is updating $14.87
Other Utilities $250 $200

Utilities Comparison: Meriden vs Pequot lakes

  • Electricity costs are higher in Meriden at $26 per kWh, compared to $16.38 in Pequot lakes.
  • Natural gas price data is currently unavailable.
  • Other utility costs are higher in Meriden at an average of $250, compared to Pequot lakes with $200.