Cost of Living: Waltham, MA vs New london, CT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Waltham | New london |
|---|---|---|
| Housing Index | 130.0 | 120.0 |
| Median Home Price | $575,000 | $258,000 |
| Average Rent (2 BR Apartment) | $2500 | $1800 |
| Average Rent (2 BR House) | $2557 | $1900 |
Housing Comparison: Waltham vs New london
- In Waltham, the median home price is higher at $575,000, while in New london it is $258,000.
- Renting a two-bedroom apartment costs more in Waltham at $2,500 than in New london 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 | Waltham | New london |
|---|---|---|
| Electricity Price | $28.15 | $26 |
| Natural Gas Price | $21.62 | $Data is updating |
| Other Utilities | $300 | $200 |
Utilities Comparison: Waltham vs New london
- Electricity costs are higher in Waltham at $28.15 per kWh, compared to $26 in New london.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Waltham at an average of $300, compared to New london with $200.