Cost of Living: Eldorado, IL vs Newport, OR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Eldorado | Newport |
|---|---|---|
| Housing Index | 90.0 | 120.0 |
| Median Home Price | $103,000 | $401,000 |
| Average Rent (2 BR Apartment) | $800 | $1800 |
| Average Rent (2 BR House) | $850 | $1840 |
Housing Comparison: Eldorado vs Newport
- The median home price in Newport is higher at $401,000, compared to $103,000 in Eldorado.
- Renting a two-bedroom apartment costs more in Eldorado at $800 than in 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 | Eldorado | Newport |
|---|---|---|
| Electricity Price | $16.15 | $15.12 |
| Natural Gas Price | $16.59 | $16.5 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Eldorado vs Newport
- Electricity costs are higher in Eldorado at $16.15 per kWh, compared to $15.12 in Newport.
- Natural gas is more expensive in Eldorado at $16.59 per unit, while it is cheaper at $16.5 in Newport.
- Newport has higher utility expenses, averaging $250, while Eldorado averages $200.