Cost of Living: Newport, AR vs Simms, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Newport | Simms |
|---|---|---|
| Housing Index | 75.0 | Data is updating |
| Median Home Price | $132,000 | $109,000 |
| Average Rent (2 BR Apartment) | $800 | $Data is updating |
| Average Rent (2 BR House) | $816 | $Data is updating |
Housing Comparison: Newport vs Simms
- In Newport, the median home price is higher at $132,000, while in Simms it is $109,000.
- The rent for a two-bedroom apartment is equal in both Newport and Simms at $800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Newport | Simms |
|---|---|---|
| Electricity Price | $12.36 | $14.47 |
| Natural Gas Price | $17.08 | $26.29 |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Newport vs Simms
- Simms has higher electricity costs at $14.47 per kWh, versus $12.36 in Newport.
- Simms experiences higher natural gas costs at $26.29 per unit, with costs at $17.08 in Newport.
- Utility expenses are equal in both Newport and Simms averaging $200.