Cost of Living: Jacksonville, FL vs Newport, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Jacksonville | Newport |
|---|---|---|
| Housing Index | 110.0 | 85.0 |
| Median Home Price | $300,000 | $268,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1920 | $1200 |
Housing Comparison: Jacksonville vs Newport
- In Jacksonville, the median home price is higher at $300,000, while in Newport it is $268,000.
- Renting a two-bedroom apartment costs more in Jacksonville 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 | Jacksonville | Newport |
|---|---|---|
| Electricity Price | $13.89 | $12.57 |
| Natural Gas Price | $26.13 | $12.35 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Jacksonville vs Newport
- Electricity costs are higher in Jacksonville at $13.89 per kWh, compared to $12.57 in Newport.
- Natural gas is more expensive in Jacksonville at $26.13 per unit, while it is cheaper at $12.35 in Newport.
- Other utility costs are higher in Jacksonville at an average of $250, compared to Newport with $200.