Cost of Living: Newport, TN vs Huntsville, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Newport | Huntsville |
|---|---|---|
| Housing Index | 85.0 | 90.0 |
| Median Home Price | $268,000 | $180,000 |
| Average Rent (2 BR Apartment) | $1200 | $1120 |
| Average Rent (2 BR House) | $1200 | $1190 |
Housing Comparison: Newport vs Huntsville
- In Newport, the median home price is higher at $268,000, while in Huntsville it is $180,000.
- Renting a two-bedroom apartment costs more in Newport at $1,200 than in Huntsville at $1,120.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Newport | Huntsville |
|---|---|---|
| Electricity Price | $12.57 | $12.36 |
| Natural Gas Price | $12.35 | $17.08 |
| Other Utilities | $200 | $210 |
Utilities Comparison: Newport vs Huntsville
- Electricity costs are higher in Newport at $12.57 per kWh, compared to $12.36 in Huntsville.
- Huntsville experiences higher natural gas costs at $17.08 per unit, with costs at $12.35 in Newport.
- Huntsville has higher utility expenses, averaging $210, while Newport averages $200.