Cost of Living: New london, CT vs Woodruff, SC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | New london | Woodruff |
|---|---|---|
| Housing Index | 120.0 | 90.0 |
| Median Home Price | $258,000 | $210,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1900 | $1360 |
Housing Comparison: New london vs Woodruff
- In New london, the median home price is higher at $258,000, while in Woodruff it is $210,000.
- Renting a two-bedroom apartment costs more in New london at $1,800 than in Woodruff at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | New london | Woodruff |
|---|---|---|
| Electricity Price | $26 | $14.18 |
| Natural Gas Price | $Data is updating | $23.51 |
| Other Utilities | $200 | $180 |
Utilities Comparison: New london vs Woodruff
- Electricity costs are higher in New london at $26 per kWh, compared to $14.18 in Woodruff.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in New london at an average of $200, compared to Woodruff with $180.