Cost of Living: Lake view, SC vs Newport news, VA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lake view | Newport news |
|---|---|---|
| Housing Index | Data is updating | 120.5 |
| Median Home Price | $Data is updating | $252,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1300 |
| Average Rent (2 BR House) | $Data is updating | $1200 |
Housing Comparison: Lake view vs Newport news
- The median home price in Newport news is higher at $252,000, compared to $0 in Lake view.
- The rent for a two-bedroom apartment is equal in both Lake view and Newport news 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 | Lake view | Newport news |
|---|---|---|
| Electricity Price | $14.18 | $15.31 |
| Natural Gas Price | $23.51 | $19.91 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Lake view vs Newport news
- Newport news has higher electricity costs at $15.31 per kWh, versus $14.18 in Lake view.
- Natural gas is more expensive in Lake view at $23.51 per unit, while it is cheaper at $19.91 in Newport news.
- Utility expenses are equal in both Lake view and Newport news averaging $0.0.