Cost of Living: New london, CT vs Newport news, VA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | New london | Newport news |
|---|---|---|
| Housing Index | 120.0 | 120.5 |
| Median Home Price | $258,000 | $252,000 |
| Average Rent (2 BR Apartment) | $1800 | $1300 |
| Average Rent (2 BR House) | $1900 | $1200 |
Housing Comparison: New london vs Newport news
- In New london, the median home price is higher at $258,000, while in Newport news it is $252,000.
- Renting a two-bedroom apartment costs more in New london at $1,800 than in Newport news at $1,300.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | New london | Newport news |
|---|---|---|
| Electricity Price | $26 | $15.31 |
| Natural Gas Price | $Data is updating | $19.91 |
| Other Utilities | $200 | $250 |
Utilities Comparison: New london vs Newport news
- Electricity costs are higher in New london at $26 per kWh, compared to $15.31 in Newport news.
- Natural gas price data is currently unavailable.
- Newport news has higher utility expenses, averaging $250, while New london averages $200.