Cost of Living: Cincinnati, OH vs Newport, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Cincinnati | Newport |
|---|---|---|
| Housing Index | 90.5 | 75.0 |
| Median Home Price | $226,500 | $132,000 |
| Average Rent (2 BR Apartment) | $1400 | $800 |
| Average Rent (2 BR House) | $1450 | $816 |
Housing Comparison: Cincinnati vs Newport
- In Cincinnati, the median home price is higher at $226,500, while in Newport it is $132,000.
- In Newport, the rental for a two-bedroom apartment stands at $800, while it is $1,400 in Cincinnati.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Cincinnati | Newport |
|---|---|---|
| Electricity Price | $15.92 | $12.36 |
| Natural Gas Price | $Data is updating | $17.08 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Cincinnati vs Newport
- Electricity costs are higher in Cincinnati at $15.92 per kWh, compared to $12.36 in Newport.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Cincinnati at an average of $250, compared to Newport with $200.