Cost of Living: New london, CT vs Herrin, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | New london | Herrin |
|---|---|---|
| Housing Index | 120.0 | Data is updating |
| Median Home Price | $258,000 | $155,000 |
| Average Rent (2 BR Apartment) | $1800 | $Data is updating |
| Average Rent (2 BR House) | $1900 | $Data is updating |
Housing Comparison: New london vs Herrin
- In New london, the median home price is higher at $258,000, while in Herrin it is $155,000.
- The rent for a two-bedroom apartment is equal in both New london and Herrin 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 | Herrin |
|---|---|---|
| Electricity Price | $26 | $16.15 |
| Natural Gas Price | $Data is updating | $16.59 |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: New london vs Herrin
- Electricity costs are higher in New london at $26 per kWh, compared to $16.15 in Herrin.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both New london and Herrin averaging $200.