Newport, KY Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2021-02-06
90
Newport's Overall Cost Of Living
0.9x
Lower Than The National Average
41 out of 84
In Kentucky
1,705 out of 6,399
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Newport is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Newport, KY?

According to the most recent data on the cost of living, Newport has an overall cost of living index of 90 which is 0.9x lower than the national index of 100.

Compared to only Kentucky, Newport has a cost of living index that's 1.0x higher than Kentucky's index of 89.

The standard of living in Newport ranks as #1,706 most affordable out of the 6,522 places we measured in Kentucky. By definition, that implies Newport ranks as the #4,700 most expensive place in the Bluegrass State.

For more reading on life in Newport, check out:

Newport Cost Of Living Vs. Kentucky

Living Expense Newport Kentucky National Average
Overall 90 89 100
Services 102 100 100
Groceries 97 91 100
Health 103 90 100
Housing 66 70 100
Transportation 111 99 100
Utilities 87 98 100
For more reading on cost of living around Kentucky, check out:
Newport Cost of Living Vs. KY

Newport, KY Housing Cost Breakdown

Housing swings affordability the most between places in Kentucky, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$144,000
Median Home Value
$737
Median Rent
$37,435
Median Income
Statistic Newport Kentucky United States
Median Home Value $144,000 $141,000 $217,500
Median Rent $737 $763 $1,062
Median Income $37,435 $50,589 $62,843
Home Value To Income 3.8x 2.8x 3.5x
Rent To Monthly Income 0.24x 0.18x 0.2x

Detailed Newport Services Costs Vs. Kentucky

Item Newport Kentucky
Shampoo $0.9 $1.01
Movie $12.92 $10.72
Bowling $14.2 $13.86

Detailed Newport Groceries Costs Vs. Kentucky

Item Newport Kentucky
Ground Beef $3.41 $3.9
Fried Chicken $1.16 $1.4
Milk $1.09 $1.96

Detailed Newport Health Costs Vs. Kentucky

Item Newport Kentucky
Haircut $16.73 $17.49
Beauty Salon $32.8 $38.17
Toothpaste $1.96 $2.32

Detailed Newport Transportation Costs Vs. Kentucky

Item Newport Kentucky
Potatoes $3.86 $3.18
Pizza $9.99 $10.39
Beer $8.31 $9.23
Optometrist $92.3 $106.34
Doctor $118.82 $115.25
Dentist $107.0 $98.38

Detailed Newport Utilities Costs Vs. Kentucky

Item Newport Kentucky
Gasoline $2.93 $2.59
Tire Balancing $54.59 $48.9
All Electricity $133.62 $167.6
Phone $176.25 $163.42

Newport SnackAbility

6
/10
Overall SnackAbility
Jobs
5/10
Housing
6
Affordability
5
Diversity
8
Safety
5
Amenities
9
Education
6
Commute
8

Cost Of Living In Cities Around Newport

City Population Cost Of Living Vs. Newport
Fort Thomas, KY 16,308 100 1.1x
Monfort Heights, OH 12,962 99 1.1x
Mack, OH 11,492 104 1.2x
Montgomery, OH 10,782 119 1.3x
Forestville, OH 10,415 102 1.1x
Madeira, OH 9,147 109 1.2x
Wyoming, OH 8,548 115 1.3x
Dry Run, OH 7,555 121 1.3x
Kenwood, OH 7,344 114 1.3x
Covedale, OH 6,277 98 1.1x

Articles About Kentucky

Enjoy The Snack?