Cost of Living: Federal way, WA vs Waterford, CT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Federal way | Waterford |
|---|---|---|
| Housing Index | 120.0 | 122.1 |
| Median Home Price | $566,500 | $362,500 |
| Average Rent (2 BR Apartment) | $1878 | $2156 |
| Average Rent (2 BR House) | $2042 | $2344 |
Housing Comparison: Federal way vs Waterford
- In Federal way, the median home price is higher at $566,500, while in Waterford it is $362,500.
- In Waterford, the rental for a two-bedroom apartment stands at $2,156, while it is $1,878 in Federal way.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Federal way | Waterford |
|---|---|---|
| Electricity Price | $12.34 | $26 |
| Natural Gas Price | $18.14 | $Data is updating |
| Other Utilities | $250 | $257 |
Utilities Comparison: Federal way vs Waterford
- Waterford has higher electricity costs at $26 per kWh, versus $12.34 in Federal way.
- Natural gas price data is currently unavailable.
- Waterford has higher utility expenses, averaging $257, while Federal way averages $250.