What is the cost of living in Newport, RI?
According to the most recent data on the cost of living, Newport has an overall cost of living index of 141, which is 1.4x higher than the national index of 100.
Compared to Rhode Island, Newport has a cost of living index that's 1.3x higher than Rhode Island's index of 112.
The standard of living in Newport ranks as #15 most affordable out of the 15 places we measured in Rhode Island. By definition, that implies Newport ranks as the #0 most expensive place in the Ocean State.
For more reading on life in Newport, check out:
Newport Cost Of Living Vs. Rhode Island
Six factors go into calculating the cost of living index in Newport. Here is how it fares on each of the criteria:
The Services index in Newport is 102.
The Groceries index in Newport is 101.
The Health index in Newport is 233.
The Housing index in Newport is 102.
The Transportation index in Newport is 107.
The Utilities index in Newport is 102.
| Living Expense | Newport | Rhode Island | National Average |
|---|---|---|---|
| Overall | 141 | 112 | 100 |
| Services | 102 | 104 | 100 |
| Groceries | 101 | 102 | 100 |
| Health | 233 | 125 | 100 |
| Housing | 102 | 106 | 100 |
| Transportation | 107 | 107 | 100 |
| Utilities | 102 | 108 | 100 |
Newport Cost Of Living Compared To Rhode Island Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Rhode Island, check out:
- Most Expensive Cities In Rhode Island
- Most Affordable Cities In Rhode Island
- Average Rent In Rhode Island
Source: Cost-of-living index 2026, normalized to US average = 100
Newport, RI Housing Cost Breakdown
Housing swings affordability the most between places in Rhode Island, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Newport is $938,853.
The Median Rent in Newport is $1,698.
The Median Income in Newport is $86,313.
The Home Value To Income in Newport is 10.9x.
The Rent To Monthly Income in Newport is 0.24x.
| Statistic | Newport | Rhode Island | United States |
|---|---|---|---|
| Median Home Value | $938,853 | $499,271 | $332,700 |
| Median Rent | $1,698 | $1,342 | $1,413 |
| Median Income | $86,313 | $87,796 | $80,734 |
| Home Value To Income | 10.9x | 5.7x | 4.1x |
| Rent To Monthly Income | 0.24x | 0.18x | 0.21x |
Newport, RI Costs By Category
Detailed Newport Services costs vs. Rhode Island
| Item | Newport | Rhode Island |
|---|---|---|
| Shampoo | $1.43 | $1.28 |
| Movie | $14.37 | $12.13 |
| Bowling | $22.72 | $18 |
| Haircut | $31.5 | $24.26 |
| Beauty Salon | $49.92 | $45.56 |
Detailed Newport Groceries costs vs. Rhode Island
| Item | Newport | Rhode Island |
|---|---|---|
| Ground Beef | $5.85 | $5.84 |
| Fried Chicken | $1.43 | $1.57 |
| Milk | $4.74 | $4.67 |
| Potatoes | $5.0 | $4.93 |
| Pizza | $11.59 | $12.09 |
| Beer | $10.74 | $10.41 |
| Toothpaste | $3.46 | $3.7 |
Detailed Newport Health costs vs. Rhode Island
| Item | Newport | Rhode Island |
|---|---|---|
| Optometrist | $104.45 | $125.68 |
| Doctor | $169.83 | $135.78 |
| Dentist | $130.28 | $113.29 |
Detailed Newport Transportation costs vs. Rhode Island
| Item | Newport | Rhode Island |
|---|---|---|
| Gasoline | $3.38 | $3.46 |
| Tire Balancing | $48.2 | $59.92 |
Detailed Newport Utilities costs vs. Rhode Island
| Item | Newport | Rhode Island |
|---|---|---|
| All Electricity | $230.62 | $193.99 |
| Phone | $195.18 | $192.25 |
Newport SnackAbility
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:
Warwick, RI has a cost of living index of 109, 0.8x Newport.
Somerset, MA has a cost of living index of 123, 0.9x Newport.
Newport East, RI has a cost of living index of 128, 0.9x Newport.
| City | Population | Cost Of Living | Vs. Newport |
|---|---|---|---|
| Warwick, RI | 83,175 | 109 | 0.8x |
| Somerset, MA | 18,298 | 123 | 0.9x |
| Newport East, RI | 11,069 | 128 | 0.9x |
| Tiverton, RI | 8,091 | 122 | 0.9x |
| Kingston, RI | 7,332 | 129 | 0.9x |
