Cost of Living: Buffalo, NY vs Newport, OR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Buffalo | Newport |
|---|---|---|
| Housing Index | 125.4 | 120.0 |
| Median Home Price | $155,000 | $401,000 |
| Average Rent (2 BR Apartment) | $1800 | $1800 |
| Average Rent (2 BR House) | $1900 | $1840 |
Housing Comparison: Buffalo vs Newport
- The median home price in Newport is higher at $401,000, compared to $155,000 in Buffalo.
- The rent for a two-bedroom apartment is equal in both Buffalo and Newport at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Buffalo | Newport |
|---|---|---|
| Electricity Price | $26.08 | $15.12 |
| Natural Gas Price | $18.13 | $16.5 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Buffalo vs Newport
- Electricity costs are higher in Buffalo at $26.08 per kWh, compared to $15.12 in Newport.
- Natural gas is more expensive in Buffalo at $18.13 per unit, while it is cheaper at $16.5 in Newport.
- Utility expenses are equal in both Buffalo and Newport averaging $250.