Cost of Living: North beach, MD vs Canaan, CT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | North beach | Canaan |
|---|---|---|
| Housing Index | 120.0 | Data is updating |
| Median Home Price | $400,000 | $259,000 |
| Average Rent (2 BR Apartment) | $1700 | $Data is updating |
| Average Rent (2 BR House) | $1760 | $Data is updating |
Housing Comparison: North beach vs Canaan
- In North beach, the median home price is higher at $400,000, while in Canaan it is $259,000.
- The rent for a two-bedroom apartment is equal in both North beach and Canaan at $1,700.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | North beach | Canaan |
|---|---|---|
| Electricity Price | $17.41 | $26 |
| Natural Gas Price | $18.44 | $Data is updating |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: North beach vs Canaan
- Canaan has higher electricity costs at $26 per kWh, versus $17.41 in North beach.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both North beach and Canaan averaging $250.