Cost of Living: Mission, TX vs Newport, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Mission | Newport |
|---|---|---|
| Housing Index | 98.2 | 98.5 |
| Median Home Price | $240,000 | $268,000 |
| Average Rent (2 BR Apartment) | $1920 | $1602 |
| Average Rent (2 BR House) | $2087 | $1741 |
Housing Comparison: Mission vs Newport
- The median home price in Newport is higher at $268,000, compared to $240,000 in Mission.
- Renting a two-bedroom apartment costs more in Mission at $1,920 than in Newport at $1,602.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Mission | Newport |
|---|---|---|
| Electricity Price | $14.47 | $12.57 |
| Natural Gas Price | $26.29 | $12.35 |
| Other Utilities | $235 | $238 |
Utilities Comparison: Mission vs Newport
- Electricity costs are higher in Mission at $14.47 per kWh, compared to $12.57 in Newport.
- Natural gas is more expensive in Mission at $26.29 per unit, while it is cheaper at $12.35 in Newport.
- Newport has higher utility expenses, averaging $238, while Mission averages $235.