Newport, MN, has a cost of living index that is slightly below the nationwide average. Housing, transportation, and healthcare costs are 5%, 10%, and 5% lower, respectively. However, utilities and miscellaneous expenses are slightly higher, at 5% and 0% above the national average. Groceries remain on par with the average.
This balanced cost of living makes Newport an attractive option for those seeking a more affordable lifestyle without sacrificing essential services. Job seekers can find a good quality of life with potentially lower expenses in housing and transportation, while still enjoying competitive utility and healthcare costs.
Newport, MN, presents a cost of living that is slightly below the nationwide average. Housing costs in Newport are 95, which is 5% lower than the national average. This means that housing expenses in Newport are more affordable, potentially offering savings for residents. Groceries in Newport are priced at 100, aligning perfectly with the national average. This indicates that the cost of food items remains consistent with what one might find across the country.
Utilities in Newport stand at 105, which is 5% higher than the national average. This suggests that residents may face slightly higher expenses for services like electricity, gas, and water. Transportation costs in Newport are 90, which is 10% lower than the national average. This could be a significant advantage for those who rely on personal vehicles for commuting. Healthcare costs in Newport are 95, also 5% below the national average. This could mean that medical services and insurance might be more affordable in Newport compared to the rest of the country. Miscellaneous expenses in Newport are at 100, matching the national average, indicating no significant difference in the cost of other everyday items.
