What is the cost of living in Newport, TN?
According to the most recent data on the cost of living, Newport has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.
Compared to Tennessee, Newport has a cost of living index that's 0.9x lower than Tennessee's index of 94.
The standard of living in Newport ranks as #15 most affordable out of the 109 places we measured in Tennessee. By definition, that implies Newport ranks as the #94 most expensive place in the Volunteer State.
For more reading on life in Newport, check out:
Newport Cost Of Living Vs. Tennessee
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 97.
The Groceries index in Newport is 98.
The Health index in Newport is 57.
The Housing index in Newport is 101.
The Transportation index in Newport is 98.
The Utilities index in Newport is 97.
| Living Expense | Newport | Tennessee | National Average |
|---|---|---|---|
| Overall | 87 | 94 | 100 |
| Services | 97 | 99 | 100 |
| Groceries | 98 | 96 | 100 |
| Health | 57 | 82 | 100 |
| Housing | 101 | 95 | 100 |
| Transportation | 98 | 99 | 100 |
| Utilities | 97 | 98 | 100 |
Newport Cost Of Living Compared To Tennessee Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Tennessee, check out:
Protect your home budget Compare home warranties in Newport Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Newport, TN Housing Cost Breakdown
Housing swings affordability the most between places in Tennessee, 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 $227,026.
The Median Rent in Newport is $720.
The Median Income in Newport is $31,250.
The Home Value To Income in Newport is 7.3x.
The Rent To Monthly Income in Newport is 0.28x.
Newport, TN Costs By Category
Detailed Newport Services costs vs. Tennessee
Detailed Newport Groceries costs vs. Tennessee
Detailed Newport Health costs vs. Tennessee
Detailed Newport Transportation costs vs. Tennessee
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:
Asheville, NC has a cost of living index of 115, 1.3x Newport.
Morristown, TN has a cost of living index of 91, 1.0x Newport.
Sevierville, TN has a cost of living index of 100, 1.1x Newport.
| City | Population | Cost Of Living | Vs. Newport |
|---|---|---|---|
| Asheville, NC | 94,535 | 115 | 1.3x |
| Morristown, TN | 31,527 | 91 | 1.0x |
| Sevierville, TN | 18,397 | 100 | 1.1x |
| Seymour, TN | 16,216 | 96 | 1.1x |
| Alcoa, TN | 12,222 | 93 | 1.1x |
| Waynesville, NC | 10,502 | 98 | 1.1x |
| Woodfin, NC | 8,048 | 112 | 1.3x |
| Church Hill, TN | 7,139 | 91 | 1.0x |
| Jonesborough, TN | 6,232 | 96 | 1.1x |
| Erwin, TN | 5,988 | 87 | 1.0x |
