Newport, NH Cost Of Living
Cost Of Living In Newport, NH Summary
Cost of living in Newport research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Newport is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in New Hampshire, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Newport is 106, with 100 being the average.
The cost of living index in Newport is 1.1x higher than the national average.
Newport ranks as the #2 cheapest in New Hampshire out of 26.
Newport ranks as the #3,278 cheapest out of 6,489 in the US.
The median home value in Newport is $326,566.
The median income in Newport is $75,849.
Table Of Contents
Newport's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Newport, NH?
According to the most recent data on the cost of living, Newport has an overall cost of living index of 106, which is 1.1x higher than the national index of 100.
Compared to New Hampshire, Newport has a cost of living index that's 0.9x lower than New Hampshire's index of 116.
The standard of living in Newport ranks as #2 most affordable out of the 26 places we measured in New Hampshire. By definition, that implies Newport ranks as the #24 most expensive place in the Granite State.
For more reading on life in Newport, check out:
In New Hampshire
In America
Newport Cost Of Living Vs. New Hampshire
Six factors go into calculating the cost of living index in Newport. Here is how it fairs on each of the criteria:
The Services index in Newport is 121.
The Groceries index in Newport is 102.
The Health index in Newport is 115.
The Housing index in Newport is 87.
The Transportation index in Newport is 108.
The Utilities index in Newport is 132.
| Living Expense | Newport | New Hampshire | National Average | |
|---|---|---|---|---|
| Overall | 106 | 116 | 100 | |
| Services | 121 | 118 | 100 | |
| Groceries | 102 | 103 | 100 | |
| Health | 115 | 114 | 100 | |
| Housing | 87 | 122 | 100 | |
| Transportation | 108 | 110 | 100 | |
| Utilities | 132 | 132 | 100 | |
Newport, NH Housing Cost Breakdown
Housing swings affordability the most between places in New Hampshire, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Newport is $326,566.
The Median Rent in Newport is $1,261.
The Median Income in Newport is $75,849.
The Home Value To Income in Newport is 4.3x.
The Rent To Monthly Income in Newport is 0.2x.
| Statistic | Newport | New Hampshire | United States |
|---|---|---|---|
| Median Home Value | $326,566 | $501,649 | $303,400 |
| Median Rent | $1,261 | $1,423 | $1,348 |
| Median Income | $75,849 | $95,628 | $78,538 |
| Home Value To Income | 4.3x | 5.2x | 3.9x |
| Rent To Monthly Income | 0.2x | 0.18x | 0.21x |
Median Home Value
Median Rent
Median Income
Newport, NH Costs By Category
Detailed Newport Services Costs Vs. New Hampshire
| Item | Newport | New Hampshire |
|---|---|---|
| Shampoo | $1.25 | $1.28 |
| Movie | $13.07 | $12.13 |
| Bowling | $25.44 | $18 |
| Haircut | $26.58 | $24.26 |
| Beauty Salon | $67.97 | $45.56 |
Detailed Newport Groceries Costs Vs. New Hampshire
| Item | Newport | New Hampshire |
|---|---|---|
| Ground Beef | $5.47 | $5.84 |
| Fried Chicken | $1.44 | $1.57 |
| Milk | $4.75 | $4.67 |
| Potatoes | $5.01 | $4.93 |
| Pizza | $11.66 | $12.09 |
| Beer | $9.82 | $10.41 |
| Toothpaste | $3.73 | $3.7 |
Detailed Newport Health Costs Vs. New Hampshire
| Item | Newport | New Hampshire |
|---|---|---|
| Optometrist | $115.0 | $125.68 |
| Doctor | $164.0 | $135.78 |
| Dentist | $136.17 | $113.29 |
Detailed Newport Transportation Costs Vs. New Hampshire
| Item | Newport | New Hampshire |
|---|---|---|
| Gasoline | $3.33 | $3.46 |
| Tire Balancing | $86.0 | $59.92 |
Detailed Newport Utilities Costs Vs. New Hampshire
| Item | Newport | New Hampshire |
|---|---|---|
| All Electricity | $294.4 | $193.99 |
| Phone | $186.72 | $192.25 |
Newport SnackAbility
/10
Cost Of Living In Cities Around Newport
The cost of living varies in the cities and towns around Newport. Here's a quick look at the cost of living in the most populous nearby places:
Lebanon, NH has a cost of living index of 121, 1.1x Newport.
Claremont, NH has a cost of living index of 107, 1.0x Newport.
Milford, NH has a cost of living index of 123, 1.2x Newport.
| City | Population | Cost Of Living | Vs. Newport |
|---|---|---|---|
| Lebanon, NH | 14,759 | 121 | 1.1x |
| Claremont, NH | 13,054 | 107 | 1.0x |
| Milford, NH | 8,857 | 123 | 1.2x |
| Hanover, NH | 8,520 | 155 | 1.5x |
| South Hooksett, NH | 5,806 | 123 | 1.2x |
