Cost of Living: Boone, NC vs Newport, RI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Boone | Newport |
|---|---|---|
| Housing Index | 99.5 | 121.5 |
| Median Home Price | $300,000 | $564,000 |
| Average Rent (2 BR Apartment) | $1944 | $2906 |
| Average Rent (2 BR House) | $2113 | $3158 |
Housing Comparison: Boone vs Newport
- The median home price in Newport is higher at $564,000, compared to $300,000 in Boone.
- In Newport, the rental for a two-bedroom apartment stands at $2,906, while it is $1,944 in Boone.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Boone | Newport |
|---|---|---|
| Electricity Price | $13.72 | $27.03 |
| Natural Gas Price | $Data is updating | $21.52 |
| Other Utilities | $234 | $262 |
Utilities Comparison: Boone vs Newport
- Newport has higher electricity costs at $27.03 per kWh, versus $13.72 in Boone.
- Natural gas price data is currently unavailable.
- Newport has higher utility expenses, averaging $262, while Boone averages $234.