Cost of Living: Spring valley, IL vs New london, CT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Spring valley | New london |
|---|---|---|
| Housing Index | Data is updating | 120.0 |
| Median Home Price | $160,000 | $258,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1800 |
| Average Rent (2 BR House) | $Data is updating | $1900 |
Housing Comparison: Spring valley vs New london
- The median home price in New london is higher at $258,000, compared to $160,000 in Spring valley.
- The rent for a two-bedroom apartment is equal in both Spring valley and New london at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Spring valley | New london |
|---|---|---|
| Electricity Price | $16.15 | $26 |
| Natural Gas Price | $16.59 | $Data is updating |
| Other Utilities | $Data is updating | $200 |
Utilities Comparison: Spring valley vs New london
- New london has higher electricity costs at $26 per kWh, versus $16.15 in Spring valley.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Spring valley and New london averaging $0.0.