Cost of Living: Newport news, VA vs Schenectady, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Newport news | Schenectady |
|---|---|---|
| Housing Index | 120.5 | 115.0 |
| Median Home Price | $252,000 | $247,000 |
| Average Rent (2 BR Apartment) | $1300 | $1600 |
| Average Rent (2 BR House) | $1200 | $1650 |
Housing Comparison: Newport news vs Schenectady
- In Newport news, the median home price is higher at $252,000, while in Schenectady it is $247,000.
- In Schenectady, the rental for a two-bedroom apartment stands at $1,600, 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 | Schenectady |
|---|---|---|
| Electricity Price | $15.31 | $26.08 |
| Natural Gas Price | $19.91 | $18.13 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Newport news vs Schenectady
- Schenectady has higher electricity costs at $26.08 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 $18.13 in Schenectady.
- Utility expenses are equal in both Newport news and Schenectady averaging $250.