Cost of Living: Newport news, VA vs Malvern, PA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Newport news | Malvern |
|---|---|---|
| Housing Index | 120.5 | Data is updating |
| Median Home Price | $252,000 | $402,000 |
| Average Rent (2 BR Apartment) | $1300 | $Data is updating |
| Average Rent (2 BR House) | $1200 | $Data is updating |
Housing Comparison: Newport news vs Malvern
- The median home price in Malvern is higher at $402,000, compared to $252,000 in Newport news.
- The rent for a two-bedroom apartment is equal in both Newport news and Malvern 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 | Malvern |
|---|---|---|
| Electricity Price | $15.31 | $17.68 |
| Natural Gas Price | $19.91 | $17.61 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Newport news vs Malvern
- Malvern has higher electricity costs at $17.68 per kWh, versus $15.31 in Newport news.
- Natural gas is more expensive in Newport news at $19.91 per unit, while it is cheaper at $17.61 in Malvern.
- Utility expenses are equal in both Newport news and Malvern averaging $250.