Cost of Living: Newport, TN vs Encinitas, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Newport | Encinitas |
|---|---|---|
| Housing Index | 85.0 | 145.0 |
| Median Home Price | $268,000 | $1,300,000 |
| Average Rent (2 BR Apartment) | $1200 | $2800 |
| Average Rent (2 BR House) | $1200 | $2846 |
Housing Comparison: Newport vs Encinitas
- The median home price in Encinitas is higher at $1,300,000, compared to $268,000 in Newport.
- In Encinitas, the rental for a two-bedroom apartment stands at $2,800, 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 | Encinitas |
|---|---|---|
| Electricity Price | $12.57 | $32.99 |
| Natural Gas Price | $12.35 | $16.99 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Newport vs Encinitas
- Encinitas has higher electricity costs at $32.99 per kWh, versus $12.57 in Newport.
- Encinitas experiences higher natural gas costs at $16.99 per unit, with costs at $12.35 in Newport.
- Encinitas has higher utility expenses, averaging $250, while Newport averages $200.