Cost of Living: Gulf shores, AL vs Newport, RI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Gulf shores | Newport |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $530,000 | $564,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1280 | $Data is updating |
Housing Comparison: Gulf shores vs Newport
- The median home price in Newport is higher at $564,000, compared to $530,000 in Gulf shores.
- The rent for a two-bedroom apartment is equal in both Gulf shores and 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 | Gulf shores | Newport |
|---|---|---|
| Electricity Price | $15.03 | $27.03 |
| Natural Gas Price | $21.76 | $21.52 |
| Other Utilities | $150 | $Data is updating |
Utilities Comparison: Gulf shores vs Newport
- Newport has higher electricity costs at $27.03 per kWh, versus $15.03 in Gulf shores.
- Natural gas is more expensive in Gulf shores at $21.76 per unit, while it is cheaper at $21.52 in Newport.
- Utility expenses are equal in both Gulf shores and Newport averaging $150.