Cost of Living: Milford, CT vs Cornelius, NC

Housing

The housing market plays a significant role in determining the cost of living.

Metric Milford Cornelius
Housing Index 122.1 99.5
Median Home Price $376,000 $377,500
Average Rent (2 BR Apartment) $2357 $1622
Average Rent (2 BR House) $2562 $1763

Housing Comparison: Milford vs Cornelius

  • The median home price in Cornelius is higher at $377,500, compared to $376,000 in Milford.
  • Renting a two-bedroom apartment costs more in Milford at $2,357 than in Cornelius at $1,622.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Milford Cornelius
Electricity Price $26 $13.72
Natural Gas Price $Data is updating $Data is updating
Other Utilities $257 $234

Utilities Comparison: Milford vs Cornelius

  • Electricity costs are higher in Milford at $26 per kWh, compared to $13.72 in Cornelius.
  • Natural gas price data is currently unavailable.
  • Other utility costs are higher in Milford at an average of $257, compared to Cornelius with $234.