Cost of Living: Franklin park, IL vs Newport, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Franklin park | Newport |
|---|---|---|
| Housing Index | Data is updating | 75.0 |
| Median Home Price | $280,000 | $132,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $800 |
| Average Rent (2 BR House) | $Data is updating | $816 |
Housing Comparison: Franklin park vs Newport
- In Franklin park, the median home price is higher at $280,000, while in Newport it is $132,000.
- The rent for a two-bedroom apartment is equal in both Franklin park and Newport at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Franklin park | Newport |
|---|---|---|
| Electricity Price | $16.15 | $12.36 |
| Natural Gas Price | $16.59 | $17.08 |
| Other Utilities | $Data is updating | $200 |
Utilities Comparison: Franklin park vs Newport
- Electricity costs are higher in Franklin park at $16.15 per kWh, compared to $12.36 in Newport.
- Newport experiences higher natural gas costs at $17.08 per unit, with costs at $16.59 in Franklin park.
- Utility expenses are equal in both Franklin park and Newport averaging $0.0.