Cost of Living: Newport, TN vs Graceville, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Newport | Graceville |
|---|---|---|
| Housing Index | 85.0 | 85.0 |
| Median Home Price | $268,000 | $185,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1200 | $1024 |
Housing Comparison: Newport vs Graceville
- In Newport, the median home price is higher at $268,000, while in Graceville it is $185,000.
- The rent for a two-bedroom apartment is equal in both Newport and Graceville at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Newport | Graceville |
|---|---|---|
| Electricity Price | $12.57 | $13.89 |
| Natural Gas Price | $12.35 | $26.13 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Newport vs Graceville
- Graceville has higher electricity costs at $13.89 per kWh, versus $12.57 in Newport.
- Graceville experiences higher natural gas costs at $26.13 per unit, with costs at $12.35 in Newport.
- Utility expenses are equal in both Newport and Graceville averaging $200.