Cost of Living: New london, CT vs Boomer, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | New london | Boomer |
|---|---|---|
| Housing Index | 120.0 | Data is updating |
| Median Home Price | $258,000 | $150,000 |
| Average Rent (2 BR Apartment) | $1800 | $Data is updating |
| Average Rent (2 BR House) | $1900 | $Data is updating |
Housing Comparison: New london vs Boomer
- In New london, the median home price is higher at $258,000, while in Boomer it is $150,000.
- The rent for a two-bedroom apartment is equal in both New london and Boomer 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 | New london | Boomer |
|---|---|---|
| Electricity Price | $26 | $13.72 |
| Natural Gas Price | $Data is updating | $Data is updating |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: New london vs Boomer
- Electricity costs are higher in New london at $26 per kWh, compared to $13.72 in Boomer.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both New london and Boomer averaging $200.