Cost of Living in Newport beach, CA

Housing

The housing market plays a significant role in determining the cost of living in Newport beach, CA.

• Housing Index: 0.0 / 100
• Median Home Price is: $2295000
• Average Rent (2 BR Apartment): $0.0 per month
• Average Rent (2 BR House): $0.0 per month

Analyzing data for Newport beach, CA, the housing index currently stands at 0.0, indicating a potentially unstable market. The median home price is significantly set at 2295000, suggesting a luxury market or significant demand. Notably, both the average rent for a 2-bedroom apartment and a 2-bedroom house are listed as 0.0 and 0.0, respectively, signaling that rental options may either be scarce or not adequately captured in the data. Considering these factors, potential movers should evaluate affordability and market stability before making relocation decisions.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Newport beach, CA.

• Electricity Price: 32.99 USD (median by state)
• Natural Gas Price: $16.99 USD per Thousand Cubic Feet (median by state)
• Other Utilities (water, garbage, etc.): $0.0 per month

Living in Newport beach, CA could entail higher utility costs. Electricity costs sit at 32.99, while natural gas is priced at 16.99 per Thousand Cubic Feet—both aligning with state medians. Expect to budget about 0.0 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 0.0

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $149471

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Newport beach, CA, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.