Cost of Living: Newport news, VA vs Cocoa beach, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Newport news | Cocoa beach |
|---|---|---|
| Housing Index | 120.5 | 120.0 |
| Median Home Price | $252,000 | $389,000 |
| Average Rent (2 BR Apartment) | $1300 | $2200 |
| Average Rent (2 BR House) | $1200 | $2240 |
Housing Comparison: Newport news vs Cocoa beach
- The median home price in Cocoa beach is higher at $389,000, compared to $252,000 in Newport news.
- In Cocoa beach, the rental for a two-bedroom apartment stands at $2,200, while it is $1,300 in Newport news.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Newport news | Cocoa beach |
|---|---|---|
| Electricity Price | $15.31 | $13.89 |
| Natural Gas Price | $19.91 | $26.13 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Newport news vs Cocoa beach
- Electricity costs are higher in Newport news at $15.31 per kWh, compared to $13.89 in Cocoa beach.
- Cocoa beach experiences higher natural gas costs at $26.13 per unit, with costs at $19.91 in Newport news.
- Utility expenses are equal in both Newport news and Cocoa beach averaging $250.