Cost of Living: Newport, TN vs Morrow, GA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Newport | Morrow |
|---|---|---|
| Housing Index | 85.0 | 95.0 |
| Median Home Price | $268,000 | $284,000 |
| Average Rent (2 BR Apartment) | $1200 | $1500 |
| Average Rent (2 BR House) | $1200 | $1600 |
Housing Comparison: Newport vs Morrow
- The median home price in Morrow is higher at $284,000, compared to $268,000 in Newport.
- In Morrow, the rental for a two-bedroom apartment stands at $1,500, 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 | Morrow |
|---|---|---|
| Electricity Price | $12.57 | $15.53 |
| Natural Gas Price | $12.35 | $27.53 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Newport vs Morrow
- Morrow has higher electricity costs at $15.53 per kWh, versus $12.57 in Newport.
- Morrow experiences higher natural gas costs at $27.53 per unit, with costs at $12.35 in Newport.
- Morrow has higher utility expenses, averaging $250, while Newport averages $200.