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.