Cost of Living: Newport, AR vs Philadelphia, PA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Newport | Philadelphia |
|---|---|---|
| Housing Index | 75.0 | 120.0 |
| Median Home Price | $132,000 | $285,000 |
| Average Rent (2 BR Apartment) | $800 | $2100 |
| Average Rent (2 BR House) | $816 | $2150 |
Housing Comparison: Newport vs Philadelphia
- The median home price in Philadelphia is higher at $285,000, compared to $132,000 in Newport.
- Renting a two-bedroom apartment costs more in Newport at $800 than in Philadelphia at $2,100.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Newport | Philadelphia |
|---|---|---|
| Electricity Price | $12.36 | $17.68 |
| Natural Gas Price | $17.08 | $17.61 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Newport vs Philadelphia
- Philadelphia has higher electricity costs at $17.68 per kWh, versus $12.36 in Newport.
- Philadelphia experiences higher natural gas costs at $17.61 per unit, with costs at $17.08 in Newport.
- Philadelphia has higher utility expenses, averaging $250, while Newport averages $200.