Cost of Living: Riverbank, CA vs Newark, OH
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Riverbank | Newark |
|---|---|---|
| Housing Index | 120.5 | 85.0 |
| Median Home Price | $460,000 | $176,250 |
| Average Rent (2 BR Apartment) | $2200 | $1120 |
| Average Rent (2 BR House) | $2240 | $1136 |
Housing Comparison: Riverbank vs Newark
- In Riverbank, the median home price is higher at $460,000, while in Newark it is $176,250.
- Renting a two-bedroom apartment costs more in Riverbank at $2,200 than in Newark at $1,120.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Riverbank | Newark |
|---|---|---|
| Electricity Price | $32.99 | $15.92 |
| Natural Gas Price | $16.99 | $Data is updating |
| Other Utilities | $250 | $220 |
Utilities Comparison: Riverbank vs Newark
- Electricity costs are higher in Riverbank at $32.99 per kWh, compared to $15.92 in Newark.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Riverbank at an average of $250, compared to Newark with $220.