Cost of Living: New london, CT vs Monroeville, AL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | New london | Monroeville |
|---|---|---|
| Housing Index | 120.0 | 85.0 |
| Median Home Price | $258,000 | $146,000 |
| Average Rent (2 BR Apartment) | $1800 | $800 |
| Average Rent (2 BR House) | $1900 | $840 |
Housing Comparison: New london vs Monroeville
- In New london, the median home price is higher at $258,000, while in Monroeville it is $146,000.
- In Monroeville, the rental for a two-bedroom apartment stands at $800, 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 | Monroeville |
|---|---|---|
| Electricity Price | $26 | $15.03 |
| Natural Gas Price | $Data is updating | $21.76 |
| Other Utilities | $200 | $200 |
Utilities Comparison: New london vs Monroeville
- Electricity costs are higher in New london at $26 per kWh, compared to $15.03 in Monroeville.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both New london and Monroeville averaging $200.