Cost of Living: Newport, OR vs Toledo, OH
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Newport | Toledo |
|---|---|---|
| Housing Index | 120.0 | 75.0 |
| Median Home Price | $401,000 | $143,000 |
| Average Rent (2 BR Apartment) | $1800 | $900 |
| Average Rent (2 BR House) | $1840 | $800 |
Housing Comparison: Newport vs Toledo
- In Newport, the median home price is higher at $401,000, while in Toledo it is $143,000.
- In Toledo, the rental for a two-bedroom apartment stands at $900, while it is $1,800 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 | Toledo |
|---|---|---|
| Electricity Price | $15.12 | $15.92 |
| Natural Gas Price | $16.5 | $Data is updating |
| Other Utilities | $250 | $200 |
Utilities Comparison: Newport vs Toledo
- Toledo has higher electricity costs at $15.92 per kWh, versus $15.12 in Newport.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Newport at an average of $250, compared to Toledo with $200.