Cost of Living: New london, CT vs Chester springs, PA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | New london | Chester springs |
|---|---|---|
| Housing Index | 120.0 | 125.0 |
| Median Home Price | $258,000 | $456,000 |
| Average Rent (2 BR Apartment) | $1800 | $2200 |
| Average Rent (2 BR House) | $1900 | $2240 |
Housing Comparison: New london vs Chester springs
- The median home price in Chester springs is higher at $456,000, compared to $258,000 in New london.
- In Chester springs, the rental for a two-bedroom apartment stands at $2,200, 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 | Chester springs |
|---|---|---|
| Electricity Price | $26 | $17.68 |
| Natural Gas Price | $Data is updating | $17.61 |
| Other Utilities | $200 | $250 |
Utilities Comparison: New london vs Chester springs
- Electricity costs are higher in New london at $26 per kWh, compared to $17.68 in Chester springs.
- Natural gas price data is currently unavailable.
- Chester springs has higher utility expenses, averaging $250, while New london averages $200.