Cost of Living: New london, CT vs Summerfield, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | New london | Summerfield |
|---|---|---|
| Housing Index | 120.0 | Data is updating |
| Median Home Price | $258,000 | $332,100 |
| Average Rent (2 BR Apartment) | $1800 | $Data is updating |
| Average Rent (2 BR House) | $1900 | $Data is updating |
Housing Comparison: New london vs Summerfield
- The median home price in Summerfield is higher at $332,100, compared to $258,000 in New london.
- The rent for a two-bedroom apartment is equal in both New london and Summerfield 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 | Summerfield |
|---|---|---|
| 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 Summerfield
- Electricity costs are higher in New london at $26 per kWh, compared to $13.72 in Summerfield.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both New london and Summerfield averaging $200.