Cost of Living: Newport, AR vs Lumberton, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Newport | Lumberton |
|---|---|---|
| Housing Index | 75.0 | 90.0 |
| Median Home Price | $132,000 | $169,900 |
| Average Rent (2 BR Apartment) | $800 | $900 |
| Average Rent (2 BR House) | $816 | $960 |
Housing Comparison: Newport vs Lumberton
- The median home price in Lumberton is higher at $169,900, compared to $132,000 in Newport.
- In Lumberton, the rental for a two-bedroom apartment stands at $900, 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 | Lumberton |
|---|---|---|
| Electricity Price | $12.36 | $13.72 |
| Natural Gas Price | $17.08 | $Data is updating |
| Other Utilities | $200 | $200 |
Utilities Comparison: Newport vs Lumberton
- Lumberton has higher electricity costs at $13.72 per kWh, versus $12.36 in Newport.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Newport and Lumberton averaging $200.