Cost of Living: Newark, OH vs Bossier city, LA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Newark | Bossier city |
|---|---|---|
| Housing Index | 85.0 | 95.0 |
| Median Home Price | $176,250 | $220,000 |
| Average Rent (2 BR Apartment) | $1120 | $1200 |
| Average Rent (2 BR House) | $1136 | $1350 |
Housing Comparison: Newark vs Bossier city
- The median home price in Bossier city is higher at $220,000, compared to $176,250 in Newark.
- In Bossier city, the rental for a two-bedroom apartment stands at $1,200, while it is $1,120 in Newark.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Newark | Bossier city |
|---|---|---|
| Electricity Price | $15.92 | $11.42 |
| Natural Gas Price | $Data is updating | $19.48 |
| Other Utilities | $220 | $250 |
Utilities Comparison: Newark vs Bossier city
- Electricity costs are higher in Newark at $15.92 per kWh, compared to $11.42 in Bossier city.
- Natural gas price data is currently unavailable.
- Bossier city has higher utility expenses, averaging $250, while Newark averages $220.