Cost of Living: Newport news, VA vs Louin, MS

Housing

The housing market plays a significant role in determining the cost of living.

Metric Newport news Louin
Housing Index 120.5 Data is updating
Median Home Price $252,000 $114,000
Average Rent (2 BR Apartment) $1300 $Data is updating
Average Rent (2 BR House) $1200 $Data is updating

Housing Comparison: Newport news vs Louin

  • In Newport news, the median home price is higher at $252,000, while in Louin it is $114,000.
  • The rent for a two-bedroom apartment is equal in both Newport news and Louin at $1,300.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Newport news Louin
Electricity Price $15.31 $13.42
Natural Gas Price $19.91 $22.19
Other Utilities $250 $Data is updating

Utilities Comparison: Newport news vs Louin

  • Electricity costs are higher in Newport news at $15.31 per kWh, compared to $13.42 in Louin.
  • Louin experiences higher natural gas costs at $22.19 per unit, with costs at $19.91 in Newport news.
  • Utility expenses are equal in both Newport news and Louin averaging $250.