Cost of Living: Newark valley, NY vs Martinsville, IN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Newark valley | Martinsville |
|---|---|---|
| Housing Index | 90.0 | 95.0 |
| Median Home Price | $145,000 | $190,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1280 | $1120 |
Housing Comparison: Newark valley vs Martinsville
- The median home price in Martinsville is higher at $190,000, compared to $145,000 in Newark valley.
- The rent for a two-bedroom apartment is equal in both Newark valley and Martinsville at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Newark valley | Martinsville |
|---|---|---|
| Electricity Price | $26.08 | $14.89 |
| Natural Gas Price | $18.13 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Newark valley vs Martinsville
- Electricity costs are higher in Newark valley at $26.08 per kWh, compared to $14.89 in Martinsville.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Newark valley and Martinsville averaging $250.