Cost of Living: Carpentersville, IL vs Newport, TN
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Carpentersville | Newport |
---|---|---|
Housing Index | 115.0 | 85.0 |
Median Home Price | $292,000 | $268,000 |
Average Rent (2 BR Apartment) | $1550 | $1200 |
Average Rent (2 BR House) | $1600 | $1200 |
Housing Comparison: Carpentersville vs Newport
- In Carpentersville, the median home price is higher at $292,000, while in Newport it is $268,000.
- Renting a two-bedroom apartment costs more in Carpentersville at $1,550 than in Newport 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 | Carpentersville | Newport |
---|---|---|
Electricity Price | $16.15 | $12.57 |
Natural Gas Price | $16.59 | $12.35 |
Other Utilities | $250 | $200 |
Utilities Comparison: Carpentersville vs Newport
- Electricity costs are higher in Carpentersville at $16.15 per kWh, compared to $12.57 in Newport.
- Natural gas is more expensive in Carpentersville at $16.59 per unit, while it is cheaper at $12.35 in Newport.
- Other utility costs are higher in Carpentersville at an average of $250, compared to Newport with $200.