Cost of Living: New york, NY vs Coventry, RI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | New york | Coventry |
|---|---|---|
| Housing Index | 125.0 | 110.0 |
| Median Home Price | $800,000 | $337,500 |
| Average Rent (2 BR Apartment) | $2800 | $1800 |
| Average Rent (2 BR House) | $2880 | $1920 |
Housing Comparison: New york vs Coventry
- In New york, the median home price is higher at $800,000, while in Coventry it is $337,500.
- Renting a two-bedroom apartment costs more in New york at $2,800 than in Coventry at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | New york | Coventry |
|---|---|---|
| Electricity Price | $26.08 | $27.03 |
| Natural Gas Price | $18.13 | $21.52 |
| Other Utilities | $250 | $250 |
Utilities Comparison: New york vs Coventry
- Coventry has higher electricity costs at $27.03 per kWh, versus $26.08 in New york.
- Coventry experiences higher natural gas costs at $21.52 per unit, with costs at $18.13 in New york.
- Utility expenses are equal in both New york and Coventry averaging $250.