Cost of Living: Indianapolis, IN vs Portsmouth, VA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Indianapolis | Portsmouth |
|---|---|---|
| Housing Index | 85.0 | Data is updating |
| Median Home Price | $238,000 | $265,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1200 | $Data is updating |
Housing Comparison: Indianapolis vs Portsmouth
- The median home price in Portsmouth is higher at $265,000, compared to $238,000 in Indianapolis.
- The rent for a two-bedroom apartment is equal in both Indianapolis and Portsmouth 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 | Indianapolis | Portsmouth |
|---|---|---|
| Electricity Price | $14.89 | $15.31 |
| Natural Gas Price | $Data is updating | $19.91 |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Indianapolis vs Portsmouth
- Portsmouth has higher electricity costs at $15.31 per kWh, versus $14.89 in Indianapolis.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Indianapolis and Portsmouth averaging $200.