Cost of Living: Newport, AR vs Mcpherson, KS
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Newport | Mcpherson |
|---|---|---|
| Housing Index | 75.0 | 75.0 |
| Median Home Price | $132,000 | $206,000 |
| Average Rent (2 BR Apartment) | $800 | $840 |
| Average Rent (2 BR House) | $816 | $864 |
Housing Comparison: Newport vs Mcpherson
- The median home price in Mcpherson is higher at $206,000, compared to $132,000 in Newport.
- In Mcpherson, the rental for a two-bedroom apartment stands at $840, while it is $800 in Newport.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Newport | Mcpherson |
|---|---|---|
| Electricity Price | $12.36 | $14.22 |
| Natural Gas Price | $17.08 | $Data is updating |
| Other Utilities | $200 | $220 |
Utilities Comparison: Newport vs Mcpherson
- Mcpherson has higher electricity costs at $14.22 per kWh, versus $12.36 in Newport.
- Natural gas price data is currently unavailable.
- Mcpherson has higher utility expenses, averaging $220, while Newport averages $200.