Cost of Living: Philadelphia, PA vs Newport, OR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Philadelphia | Newport |
|---|---|---|
| Housing Index | 120.0 | 120.0 |
| Median Home Price | $285,000 | $401,000 |
| Average Rent (2 BR Apartment) | $2100 | $1800 |
| Average Rent (2 BR House) | $2150 | $1840 |
Housing Comparison: Philadelphia vs Newport
- The median home price in Newport is higher at $401,000, compared to $285,000 in Philadelphia.
- Renting a two-bedroom apartment costs more in Philadelphia at $2,100 than in Newport at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Philadelphia | Newport |
|---|---|---|
| Electricity Price | $17.68 | $15.12 |
| Natural Gas Price | $17.61 | $16.5 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Philadelphia vs Newport
- Electricity costs are higher in Philadelphia at $17.68 per kWh, compared to $15.12 in Newport.
- Natural gas is more expensive in Philadelphia at $17.61 per unit, while it is cheaper at $16.5 in Newport.
- Utility expenses are equal in both Philadelphia and Newport averaging $250.