Cost of Living: Torrington, CT vs Sharon, MA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Torrington | Sharon |
|---|---|---|
| Housing Index | 115.0 | 120.0 |
| Median Home Price | $287,000 | $490,000 |
| Average Rent (2 BR Apartment) | $1500 | $2400 |
| Average Rent (2 BR House) | $1600 | $2450 |
Housing Comparison: Torrington vs Sharon
- The median home price in Sharon is higher at $490,000, compared to $287,000 in Torrington.
- In Sharon, the rental for a two-bedroom apartment stands at $2,400, 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 | Sharon |
|---|---|---|
| Electricity Price | $26 | $28.15 |
| Natural Gas Price | $Data is updating | $21.62 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Torrington vs Sharon
- Sharon has higher electricity costs at $28.15 per kWh, versus $26 in Torrington.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Torrington and Sharon averaging $250.