Newport, AR, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index for Newport stands at 85, which is 15% below the average of 100. This makes Newport a more affordable place to live compared to the national average.
Specifically, housing costs in Newport are 25% lower than the national average, while groceries and utilities are only slightly below the average. Transportation, healthcare, and miscellaneous expenses also remain close to the national average, making it an attractive option for those seeking a more budget-friendly lifestyle.
Newport, AR, offers a cost of living that is notably lower than the nationwide average. The housing index in Newport stands at 75, which is 25% below the national average of 100. This means that housing costs in Newport are significantly more affordable, making it an attractive option for those looking to save on their living expenses. Additionally, the groceries index in Newport is 90, which is 10% lower than the national average. This indicates that grocery shopping in Newport is also more cost-effective compared to the rest of the country.
Other areas such as utilities, transportation, healthcare, and miscellaneous expenses also show Newport's lower cost of living. The utilities index is 95, which is 5% below the national average. Transportation costs are at 85, 15% lower than the average. Healthcare costs are also 15% below the national average, with an index of 85. Lastly, the miscellaneous expenses index is 80, which is 20% lower than the national average. Overall, Newport provides a cost-effective living environment in multiple key areas.
