Cost of Living: Torrington, CT vs Sloan, IA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Torrington | Sloan |
|---|---|---|
| Housing Index | 115.0 | 90.0 |
| Median Home Price | $287,000 | $155,000 |
| Average Rent (2 BR Apartment) | $1500 | $1200 |
| Average Rent (2 BR House) | $1600 | $1360 |
Housing Comparison: Torrington vs Sloan
- In Torrington, the median home price is higher at $287,000, while in Sloan it is $155,000.
- Renting a two-bedroom apartment costs more in Torrington at $1,500 than in Sloan 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 | Torrington | Sloan |
|---|---|---|
| Electricity Price | $26 | $14.82 |
| Natural Gas Price | $Data is updating | $15.61 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Torrington vs Sloan
- Electricity costs are higher in Torrington at $26 per kWh, compared to $14.82 in Sloan.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Torrington and Sloan averaging $250.