Cost of Living: Warren, MI vs Newport, RI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Warren | Newport |
|---|---|---|
| Housing Index | 85.0 | Data is updating |
| Median Home Price | $200,000 | $564,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1280 | $Data is updating |
Housing Comparison: Warren vs Newport
- The median home price in Newport is higher at $564,000, compared to $200,000 in Warren.
- The rent for a two-bedroom apartment is equal in both Warren and Newport at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Warren | Newport |
|---|---|---|
| Electricity Price | $19.88 | $27.03 |
| Natural Gas Price | $15.42 | $21.52 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Warren vs Newport
- Newport has higher electricity costs at $27.03 per kWh, versus $19.88 in Warren.
- Newport experiences higher natural gas costs at $21.52 per unit, with costs at $15.42 in Warren.
- Utility expenses are equal in both Warren and Newport averaging $250.