Cost of Living: Newport, TN vs Clayton, NC

Housing

The housing market plays a significant role in determining the cost of living.

Metric Newport Clayton
Housing Index 85.0 110.0
Median Home Price $268,000 $395,000
Average Rent (2 BR Apartment) $1200 $1350
Average Rent (2 BR House) $1200 $1385

Housing Comparison: Newport vs Clayton

  • The median home price in Clayton is higher at $395,000, compared to $268,000 in Newport.
  • In Clayton, the rental for a two-bedroom apartment stands at $1,350, 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 Clayton
Electricity Price $12.57 $13.72
Natural Gas Price $12.35 $Data is updating
Other Utilities $200 $220

Utilities Comparison: Newport vs Clayton

  • Clayton has higher electricity costs at $13.72 per kWh, versus $12.57 in Newport.
  • Natural gas price data is currently unavailable.
  • Clayton has higher utility expenses, averaging $220, while Newport averages $200.