Cost of Living: Claremont, CA vs Newport, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Claremont | Newport |
|---|---|---|
| Housing Index | 140.0 | 85.0 |
| Median Home Price | $670,000 | $268,000 |
| Average Rent (2 BR Apartment) | $2900 | $1200 |
| Average Rent (2 BR House) | $2960 | $1200 |
Housing Comparison: Claremont vs Newport
- In Claremont, the median home price is higher at $670,000, while in Newport it is $268,000.
- Renting a two-bedroom apartment costs more in Claremont at $2,900 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 | Claremont | Newport |
|---|---|---|
| Electricity Price | $32.99 | $12.57 |
| Natural Gas Price | $16.99 | $12.35 |
| Other Utilities | $240 | $200 |
Utilities Comparison: Claremont vs Newport
- Electricity costs are higher in Claremont at $32.99 per kWh, compared to $12.57 in Newport.
- Natural gas is more expensive in Claremont at $16.99 per unit, while it is cheaper at $12.35 in Newport.
- Other utility costs are higher in Claremont at an average of $240, compared to Newport with $200.