Cost of Living: Spanish fork, UT vs Newark, OH
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Spanish fork | Newark |
|---|---|---|
| Housing Index | 95.0 | 85.0 |
| Median Home Price | $512,000 | $176,250 |
| Average Rent (2 BR Apartment) | $1450 | $1120 |
| Average Rent (2 BR House) | $1480 | $1136 |
Housing Comparison: Spanish fork vs Newark
- In Spanish fork, the median home price is higher at $512,000, while in Newark it is $176,250.
- Renting a two-bedroom apartment costs more in Spanish fork at $1,450 than in Newark 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 | Spanish fork | Newark |
|---|---|---|
| Electricity Price | $11.5 | $15.92 |
| Natural Gas Price | $14 | $Data is updating |
| Other Utilities | $280 | $220 |
Utilities Comparison: Spanish fork vs Newark
- Newark has higher electricity costs at $15.92 per kWh, versus $11.5 in Spanish fork.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Spanish fork at an average of $280, compared to Newark with $220.