Cost of Living: Newport news, VA vs Spring valley, IL

Housing

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

Metric Newport news Spring valley
Housing Index 120.5 Data is updating
Median Home Price $252,000 $160,000
Average Rent (2 BR Apartment) $1300 $Data is updating
Average Rent (2 BR House) $1200 $Data is updating

Housing Comparison: Newport news vs Spring valley

  • In Newport news, the median home price is higher at $252,000, while in Spring valley it is $160,000.
  • The rent for a two-bedroom apartment is equal in both Newport news and Spring valley 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 Spring valley
Electricity Price $15.31 $16.15
Natural Gas Price $19.91 $16.59
Other Utilities $250 $Data is updating

Utilities Comparison: Newport news vs Spring valley

  • Spring valley has higher electricity costs at $16.15 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 $16.59 in Spring valley.
  • Utility expenses are equal in both Newport news and Spring valley averaging $250.