Cost of Living: Newport, ME vs Lockney, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Newport | Lockney |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $160,000 | $107,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1360 | $Data is updating |
Housing Comparison: Newport vs Lockney
- In Newport, the median home price is higher at $160,000, while in Lockney it is $107,000.
- The rent for a two-bedroom apartment is equal in both Newport and Lockney 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 | Newport | Lockney |
|---|---|---|
| Electricity Price | $22.26 | $14.47 |
| Natural Gas Price | $21.63 | $26.29 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Newport vs Lockney
- Electricity costs are higher in Newport at $22.26 per kWh, compared to $14.47 in Lockney.
- Lockney experiences higher natural gas costs at $26.29 per unit, with costs at $21.63 in Newport.
- Utility expenses are equal in both Newport and Lockney averaging $250.