Cost of Living: Newport news, VA vs Owatonna, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Newport news | Owatonna |
|---|---|---|
| Housing Index | 120.5 | 90.0 |
| Median Home Price | $252,000 | $269,000 |
| Average Rent (2 BR Apartment) | $1300 | $1200 |
| Average Rent (2 BR House) | $1200 | $1280 |
Housing Comparison: Newport news vs Owatonna
- The median home price in Owatonna is higher at $269,000, compared to $252,000 in Newport news.
- Renting a two-bedroom apartment costs more in Newport news at $1,300 than in Owatonna at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Newport news | Owatonna |
|---|---|---|
| Electricity Price | $15.31 | $16.38 |
| Natural Gas Price | $19.91 | $14.87 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Newport news vs Owatonna
- Owatonna has higher electricity costs at $16.38 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 $14.87 in Owatonna.
- Utility expenses are equal in both Newport news and Owatonna averaging $250.