Cost of Living: Newport, AR vs Pasadena, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Newport | Pasadena |
|---|---|---|
| Housing Index | 75.0 | 90.0 |
| Median Home Price | $132,000 | $295,000 |
| Average Rent (2 BR Apartment) | $800 | $1400 |
| Average Rent (2 BR House) | $816 | $1440 |
Housing Comparison: Newport vs Pasadena
- The median home price in Pasadena is higher at $295,000, compared to $132,000 in Newport.
- Renting a two-bedroom apartment costs more in Newport at $800 than in Pasadena at $1,400.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Newport | Pasadena |
|---|---|---|
| Electricity Price | $12.36 | $14.47 |
| Natural Gas Price | $17.08 | $26.29 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Newport vs Pasadena
- Pasadena has higher electricity costs at $14.47 per kWh, versus $12.36 in Newport.
- Pasadena experiences higher natural gas costs at $26.29 per unit, with costs at $17.08 in Newport.
- Pasadena has higher utility expenses, averaging $250, while Newport averages $200.