Cost of Living: Alamo, TN vs Newport, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Alamo | Newport |
|---|---|---|
| Housing Index | 98.5 | 86.4 |
| Median Home Price | $178,000 | $132,000 |
| Average Rent (2 BR Apartment) | $1602 | $1228 |
| Average Rent (2 BR House) | $1741 | $1335 |
Housing Comparison: Alamo vs Newport
- In Alamo, the median home price is higher at $178,000, while in Newport it is $132,000.
- Renting a two-bedroom apartment costs more in Alamo at $1,602 than in Newport at $1,228.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Alamo | Newport |
|---|---|---|
| Electricity Price | $12.57 | $12.36 |
| Natural Gas Price | $12.35 | $17.08 |
| Other Utilities | $238 | $208 |
Utilities Comparison: Alamo vs Newport
- Electricity costs are higher in Alamo at $12.57 per kWh, compared to $12.36 in Newport.
- Newport experiences higher natural gas costs at $17.08 per unit, with costs at $12.35 in Alamo.
- Other utility costs are higher in Alamo at an average of $238, compared to Newport with $208.