Cost of Living: Newport news, VA vs Tipton, MO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Newport news | Tipton |
|---|---|---|
| Housing Index | 120.5 | 75.0 |
| Median Home Price | $252,000 | $145,000 |
| Average Rent (2 BR Apartment) | $1300 | $960 |
| Average Rent (2 BR House) | $1200 | $960 |
Housing Comparison: Newport news vs Tipton
- In Newport news, the median home price is higher at $252,000, while in Tipton it is $145,000.
- In Tipton, the rental for a two-bedroom apartment stands at $960, 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 | Tipton |
|---|---|---|
| Electricity Price | $15.31 | $14.64 |
| Natural Gas Price | $19.91 | $23.25 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Newport news vs Tipton
- Electricity costs are higher in Newport news at $15.31 per kWh, compared to $14.64 in Tipton.
- Tipton experiences higher natural gas costs at $23.25 per unit, with costs at $19.91 in Newport news.
- Other utility costs are higher in Newport news at an average of $250, compared to Tipton with $200.