Cost of Living: Bozeman, MT vs Newport, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Bozeman | Newport |
|---|---|---|
| Housing Index | 105.0 | 75.0 |
| Median Home Price | $411,000 | $132,000 |
| Average Rent (2 BR Apartment) | $1600 | $800 |
| Average Rent (2 BR House) | $1645 | $816 |
Housing Comparison: Bozeman vs Newport
- In Bozeman, the median home price is higher at $411,000, while in Newport it is $132,000.
- In Newport, the rental for a two-bedroom apartment stands at $800, while it is $1,600 in Bozeman.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Bozeman | Newport |
|---|---|---|
| Electricity Price | $13.58 | $12.36 |
| Natural Gas Price | $8.31 | $17.08 |
| Other Utilities | $220 | $200 |
Utilities Comparison: Bozeman vs Newport
- Electricity costs are higher in Bozeman at $13.58 per kWh, compared to $12.36 in Newport.
- Natural gas is more expensive in Bozeman at $8.31 per unit, while it is cheaper at $17.08 in Newport.
- Other utility costs are higher in Bozeman at an average of $220, compared to Newport with $200.