Newport, RI Cost Of Living
Newport's Overall Cost Of Living
Higher Than The National Average
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 133 which is 1.3x higher than the national index of 100.
Compared to only Rhode Island, Newport has a cost of living index that's 1.2x higher than Rhode Island's index of 115.
The standard of living in Newport ranks as #5377 most affordable out of the 6522 places we measured in Rhode Island. By definition, that implies Newport ranks as the #1030 most expensive place in the Ocean State.
Newport Cost Of Living Vs. Rhode Island
| Living Expense | Newport | Rhode Island | National Average | |
|---|---|---|---|---|
| Overall | 133 | 115 | 100 | |
| Services | 115 | 115 | 100 | |
| Groceries | 105 | 105 | 100 | |
| Health | 107 | 107 | 100 | |
| Housing | 179 | 120 | 100 | |
| Transportation | 110 | 110 | 100 | |
| Utilities | 124 | 124 | 100 | |
Newport, RI Housing Cost Breakdown
Housing swings affordability the most between places in Rhode Island, 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.
Median Home Value
Median Rent
Median Income
| Statistic | Newport | Rhode Island | United States |
|---|---|---|---|
| Median Home Value | $425,400 | $249,800 | $204,900 |
| Median Rent | $1,200 | $981 | $1,023 |
| Median Income | $65,431 | $63,296 | $60,293 |
| Home Value To Income | 6.5x | 3.9x | 3.4x |
| Rent To Monthly Income | 0.22x | 0.19x | 0.2x |
Newport SnackAbility
/10
Cost Of Living In Cities Around Newport
| City | Population | Cost Of Living | Vs. Newport |
|---|---|---|---|
| Warwick, RI | 81,079 | 112 | 0.8x |
| Somerset, MA | 18,207 | 119 | 0.9x |
| Newport East, RI | 11,561 | 124 | 0.9x |
| Wakefield-Peacedale, RI | 9,092 | 123 | 0.9x |
| Tiverton, RI | 7,757 | 116 | 0.9x |
| Kingston, RI | 6,789 | 126 | 0.9x |
