Cost of Living: Alamo, TN vs Newport, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Alamo | Newport |
|---|---|---|
| Housing Index | 85.0 | 75.0 |
| Median Home Price | $178,000 | $132,000 |
| Average Rent (2 BR Apartment) | $800 | $800 |
| Average Rent (2 BR House) | $800 | $816 |
Housing Comparison: Alamo vs Newport
- In Alamo, the median home price is higher at $178,000, while in Newport it is $132,000.
- The rent for a two-bedroom apartment is equal in both Alamo and Newport at $800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Alamo | Newport |
|---|---|---|
| Electricity Price | $12.57 | $12.36 |
| Natural Gas Price | $12.35 | $17.08 |
| Other Utilities | $150 | $200 |
Utilities Comparison: Alamo vs Newport
- Electricity costs are higher in Alamo at $12.57 per kWh, compared to $12.36 in Newport.
- Newport experiences higher natural gas costs at $17.08 per unit, with costs at $12.35 in Alamo.
- Newport has higher utility expenses, averaging $200, while Alamo averages $150.