Cost of Living: West memphis, AR vs Newport, OR
Housing
The housing market plays a significant role in determining the cost of living.
Metric | West memphis | Newport |
---|---|---|
Housing Index | 90.0 | 120.0 |
Median Home Price | $124,000 | $401,000 |
Average Rent (2 BR Apartment) | $800 | $1800 |
Average Rent (2 BR House) | $856 | $1840 |
Housing Comparison: West memphis vs Newport
- The median home price in Newport is higher at $401,000, compared to $124,000 in West memphis.
- Renting a two-bedroom apartment costs more in West memphis at $800 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 | West memphis | Newport |
---|---|---|
Electricity Price | $12.36 | $15.12 |
Natural Gas Price | $17.08 | $16.5 |
Other Utilities | $150 | $250 |
Utilities Comparison: West memphis vs Newport
- Newport has higher electricity costs at $15.12 per kWh, versus $12.36 in West memphis.
- Natural gas is more expensive in West memphis at $17.08 per unit, while it is cheaper at $16.5 in Newport.
- Newport has higher utility expenses, averaging $250, while West memphis averages $150.