Cost of Living: New albany, OH vs Newport, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | New albany | Newport |
|---|---|---|
| Housing Index | 110.0 | 75.0 |
| Median Home Price | $470,000 | $132,000 |
| Average Rent (2 BR Apartment) | $1400 | $800 |
| Average Rent (2 BR House) | $1440 | $816 |
Housing Comparison: New albany vs Newport
- In New albany, the median home price is higher at $470,000, while in Newport it is $132,000.
- In Newport, the rental for a two-bedroom apartment stands at $800, while it is $1,400 in New albany.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | New albany | Newport |
|---|---|---|
| Electricity Price | $15.92 | $12.36 |
| Natural Gas Price | $Data is updating | $17.08 |
| Other Utilities | $250 | $200 |
Utilities Comparison: New albany vs Newport
- Electricity costs are higher in New albany at $15.92 per kWh, compared to $12.36 in Newport.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in New albany at an average of $250, compared to Newport with $200.