Cost of Living: Sioux falls, SD vs Newport, RI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Sioux falls | Newport |
|---|---|---|
| Housing Index | 92 | 121.5 |
| Median Home Price | $273,000 | $564,000 |
| Average Rent (2 BR Apartment) | $1090 | $2906 |
| Average Rent (2 BR House) | $1184 | $3158 |
Housing Comparison: Sioux falls vs Newport
- The median home price in Newport is higher at $564,000, compared to $273,000 in Sioux falls.
- In Newport, the rental for a two-bedroom apartment stands at $2,906, while it is $1,090 in Sioux falls.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Sioux falls | Newport |
|---|---|---|
| Electricity Price | $14.15 | $27.03 |
| Natural Gas Price | $10.63 | $21.52 |
| Other Utilities | $238 | $262 |
Utilities Comparison: Sioux falls vs Newport
- Newport has higher electricity costs at $27.03 per kWh, versus $14.15 in Sioux falls.
- Newport experiences higher natural gas costs at $21.52 per unit, with costs at $10.63 in Sioux falls.
- Newport has higher utility expenses, averaging $262, while Sioux falls averages $238.