Cost of Living: Commerce city, CO vs Newport, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Commerce city | Newport |
|---|---|---|
| Housing Index | 105.0 | 85.0 |
| Median Home Price | $490,000 | $268,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1912 | $1200 |
Housing Comparison: Commerce city vs Newport
- In Commerce city, the median home price is higher at $490,000, while in Newport it is $268,000.
- Renting a two-bedroom apartment costs more in Commerce city at $1,800 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 | Commerce city | Newport |
|---|---|---|
| Electricity Price | $15.21 | $12.57 |
| Natural Gas Price | $11.3 | $12.35 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Commerce city vs Newport
- Electricity costs are higher in Commerce city at $15.21 per kWh, compared to $12.57 in Newport.
- Newport experiences higher natural gas costs at $12.35 per unit, with costs at $11.3 in Commerce city.
- Other utility costs are higher in Commerce city at an average of $250, compared to Newport with $200.