Cost of Living: Tipton, MO vs Simsbury, CT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Tipton | Simsbury |
|---|---|---|
| Housing Index | 75.0 | 115.0 |
| Median Home Price | $145,000 | $400,000 |
| Average Rent (2 BR Apartment) | $960 | $1800 |
| Average Rent (2 BR House) | $960 | $1825 |
Housing Comparison: Tipton vs Simsbury
- The median home price in Simsbury is higher at $400,000, compared to $145,000 in Tipton.
- Renting a two-bedroom apartment costs more in Tipton at $960 than in Simsbury 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 | Tipton | Simsbury |
|---|---|---|
| Electricity Price | $14.64 | $26 |
| Natural Gas Price | $23.25 | $Data is updating |
| Other Utilities | $200 | $250 |
Utilities Comparison: Tipton vs Simsbury
- Simsbury has higher electricity costs at $26 per kWh, versus $14.64 in Tipton.
- Natural gas price data is currently unavailable.
- Simsbury has higher utility expenses, averaging $250, while Tipton averages $200.