Cost of Living: Torrington, CT vs Chanhassen, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Torrington | Chanhassen |
|---|---|---|
| Housing Index | 115.0 | 120.0 |
| Median Home Price | $287,000 | $481,500 |
| Average Rent (2 BR Apartment) | $1500 | $1800 |
| Average Rent (2 BR House) | $1600 | $1856 |
Housing Comparison: Torrington vs Chanhassen
- The median home price in Chanhassen is higher at $481,500, compared to $287,000 in Torrington.
- In Chanhassen, the rental for a two-bedroom apartment stands at $1,800, while it is $1,500 in Torrington.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Torrington | Chanhassen |
|---|---|---|
| Electricity Price | $26 | $16.38 |
| Natural Gas Price | $Data is updating | $14.87 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Torrington vs Chanhassen
- Electricity costs are higher in Torrington at $26 per kWh, compared to $16.38 in Chanhassen.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Torrington and Chanhassen averaging $250.