Cost of Living: Newport, TN vs Port charlotte, FL

Housing

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

Metric Newport Port charlotte
Housing Index 85.0 110.5
Median Home Price $268,000 $372,000
Average Rent (2 BR Apartment) $1200 $1800
Average Rent (2 BR House) $1200 $1845

Housing Comparison: Newport vs Port charlotte

  • The median home price in Port charlotte is higher at $372,000, compared to $268,000 in Newport.
  • In Port charlotte, the rental for a two-bedroom apartment stands at $1,800, 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 Port charlotte
Electricity Price $12.57 $13.89
Natural Gas Price $12.35 $26.13
Other Utilities $200 $250

Utilities Comparison: Newport vs Port charlotte

  • Port charlotte has higher electricity costs at $13.89 per kWh, versus $12.57 in Newport.
  • Port charlotte experiences higher natural gas costs at $26.13 per unit, with costs at $12.35 in Newport.
  • Port charlotte has higher utility expenses, averaging $250, while Newport averages $200.