Cost of Living: New london, CT vs Monroeville, AL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | New london | Monroeville |
|---|---|---|
| Housing Index | 122.1 | 86.8 |
| Median Home Price | $258,000 | $146,000 |
| Average Rent (2 BR Apartment) | $1443 | $1372 |
| Average Rent (2 BR House) | $1568 | $1491 |
Housing Comparison: New london vs Monroeville
- In New london, the median home price is higher at $258,000, while in Monroeville it is $146,000.
- Renting a two-bedroom apartment costs more in New london at $1,443 than in Monroeville at $1,372.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | New london | Monroeville |
|---|---|---|
| Electricity Price | $26 | $15.03 |
| Natural Gas Price | $Data is updating | $21.76 |
| Other Utilities | $257 | $210 |
Utilities Comparison: New london vs Monroeville
- Electricity costs are higher in New london at $26 per kWh, compared to $15.03 in Monroeville.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in New london at an average of $257, compared to Monroeville with $210.