Cost of Living: New london, CT vs Altus, OK
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | New london | Altus |
|---|---|---|
| Housing Index | 120.0 | 85.0 |
| Median Home Price | $258,000 | $197,500 |
| Average Rent (2 BR Apartment) | $1800 | $950 |
| Average Rent (2 BR House) | $1900 | $968 |
Housing Comparison: New london vs Altus
- In New london, the median home price is higher at $258,000, while in Altus it is $197,500.
- In Altus, the rental for a two-bedroom apartment stands at $950, while it is $1,800 in New london.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | New london | Altus |
|---|---|---|
| Electricity Price | $26 | $12.37 |
| Natural Gas Price | $Data is updating | $20.27 |
| Other Utilities | $200 | $200 |
Utilities Comparison: New london vs Altus
- Electricity costs are higher in New london at $26 per kWh, compared to $12.37 in Altus.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both New london and Altus averaging $200.