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.