Cost of Living: Milford, CT vs Cornelius, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Milford | Cornelius |
|---|---|---|
| Housing Index | 125.0 | 110.0 |
| Median Home Price | $376,000 | $377,500 |
| Average Rent (2 BR Apartment) | $2200 | $1800 |
| Average Rent (2 BR House) | $2250 | $1840 |
Housing Comparison: Milford vs Cornelius
- The median home price in Cornelius is higher at $377,500, compared to $376,000 in Milford.
- Renting a two-bedroom apartment costs more in Milford at $2,200 than in Cornelius 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 | Milford | Cornelius |
|---|---|---|
| Electricity Price | $26 | $13.72 |
| Natural Gas Price | $Data is updating | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Milford vs Cornelius
- Electricity costs are higher in Milford at $26 per kWh, compared to $13.72 in Cornelius.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Milford and Cornelius averaging $250.