Cost of Living: Newport, TN vs Berkeley, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Newport | Berkeley |
|---|---|---|
| Housing Index | 85.0 | 150.0 |
| Median Home Price | $268,000 | $1,120,000 |
| Average Rent (2 BR Apartment) | $1200 | $3200 |
| Average Rent (2 BR House) | $1200 | $3280 |
Housing Comparison: Newport vs Berkeley
- The median home price in Berkeley is higher at $1,120,000, compared to $268,000 in Newport.
- In Berkeley, the rental for a two-bedroom apartment stands at $3,200, while it is $1,200 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 | Berkeley |
|---|---|---|
| Electricity Price | $12.57 | $32.99 |
| Natural Gas Price | $12.35 | $16.99 |
| Other Utilities | $200 | $260 |
Utilities Comparison: Newport vs Berkeley
- Berkeley has higher electricity costs at $32.99 per kWh, versus $12.57 in Newport.
- Berkeley experiences higher natural gas costs at $16.99 per unit, with costs at $12.35 in Newport.
- Berkeley has higher utility expenses, averaging $260, while Newport averages $200.