Cost of Living: Newport, RI vs Akron, OH
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Newport | Akron |
|---|---|---|
| Housing Index | Data is updating | 90.0 |
| Median Home Price | $564,000 | $147,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1050 |
| Average Rent (2 BR House) | $Data is updating | $1100 |
Housing Comparison: Newport vs Akron
- In Newport, the median home price is higher at $564,000, while in Akron it is $147,000.
- The rent for a two-bedroom apartment is equal in both Newport and Akron at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Newport | Akron |
|---|---|---|
| Electricity Price | $27.03 | $15.92 |
| Natural Gas Price | $21.52 | $Data is updating |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Newport vs Akron
- Electricity costs are higher in Newport at $27.03 per kWh, compared to $15.92 in Akron.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Newport and Akron averaging $0.0.