Cost of Living: Newport, AR vs Pratt, KS
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Newport | Pratt |
|---|---|---|
| Housing Index | 75.0 | 85.0 |
| Median Home Price | $132,000 | $130,000 |
| Average Rent (2 BR Apartment) | $800 | $1200 |
| Average Rent (2 BR House) | $816 | $1365.6 |
Housing Comparison: Newport vs Pratt
- In Newport, the median home price is higher at $132,000, while in Pratt it is $130,000.
- Renting a two-bedroom apartment costs more in Newport at $800 than in Pratt at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Newport | Pratt |
|---|---|---|
| Electricity Price | $12.36 | $14.22 |
| Natural Gas Price | $17.08 | $Data is updating |
| Other Utilities | $200 | $250 |
Utilities Comparison: Newport vs Pratt
- Pratt has higher electricity costs at $14.22 per kWh, versus $12.36 in Newport.
- Natural gas price data is currently unavailable.
- Pratt has higher utility expenses, averaging $250, while Newport averages $200.