Cost of Living: Newport, AR vs Chester, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Newport | Chester |
|---|---|---|
| Housing Index | 75.0 | 85.0 |
| Median Home Price | $132,000 | $145,000 |
| Average Rent (2 BR Apartment) | $800 | $850 |
| Average Rent (2 BR House) | $816 | $912 |
Housing Comparison: Newport vs Chester
- The median home price in Chester is higher at $145,000, compared to $132,000 in Newport.
- In Chester, the rental for a two-bedroom apartment stands at $850, while it is $800 in Newport.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Newport | Chester |
|---|---|---|
| Electricity Price | $12.36 | $16.15 |
| Natural Gas Price | $17.08 | $16.59 |
| Other Utilities | $200 | $240 |
Utilities Comparison: Newport vs Chester
- Chester has higher electricity costs at $16.15 per kWh, versus $12.36 in Newport.
- Natural gas is more expensive in Newport at $17.08 per unit, while it is cheaper at $16.59 in Chester.
- Chester has higher utility expenses, averaging $240, while Newport averages $200.