Cost of Living: Newark, OH vs Central point, OR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Newark | Central point |
|---|---|---|
| Housing Index | 85.0 | 110.5 |
| Median Home Price | $176,250 | $350,000 |
| Average Rent (2 BR Apartment) | $1120 | $1800 |
| Average Rent (2 BR House) | $1136 | $2400 |
Housing Comparison: Newark vs Central point
- The median home price in Central point is higher at $350,000, compared to $176,250 in Newark.
- In Central point, the rental for a two-bedroom apartment stands at $1,800, 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 | Central point |
|---|---|---|
| Electricity Price | $15.92 | $15.12 |
| Natural Gas Price | $Data is updating | $16.5 |
| Other Utilities | $220 | $250 |
Utilities Comparison: Newark vs Central point
- Electricity costs are higher in Newark at $15.92 per kWh, compared to $15.12 in Central point.
- Natural gas price data is currently unavailable.
- Central point has higher utility expenses, averaging $250, while Newark averages $220.