Cost of Living: Simsbury, CT vs Indianapolis, IN

Housing

The housing market plays a significant role in determining the cost of living.

Metric Simsbury Indianapolis
Housing Index 115.0 85.0
Median Home Price $400,000 $238,000
Average Rent (2 BR Apartment) $1800 $1200
Average Rent (2 BR House) $1825 $1200

Housing Comparison: Simsbury vs Indianapolis

  • In Simsbury, the median home price is higher at $400,000, while in Indianapolis it is $238,000.
  • Renting a two-bedroom apartment costs more in Simsbury at $1,800 than in Indianapolis 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 Simsbury Indianapolis
Electricity Price $26 $14.89
Natural Gas Price $Data is updating $Data is updating
Other Utilities $250 $200

Utilities Comparison: Simsbury vs Indianapolis

  • Electricity costs are higher in Simsbury at $26 per kWh, compared to $14.89 in Indianapolis.
  • Natural gas price data is currently unavailable.
  • Other utility costs are higher in Simsbury at an average of $250, compared to Indianapolis with $200.