Newport, MN, presents a cost of living index that is slightly below the nationwide average. The overall cost of living in Newport stands at 94, which is 6% lower than the national benchmark of 100. This modest difference suggests that residents may find certain expenses, such as housing and groceries, more affordable compared to the average American city. However, utilities and healthcare costs in Newport align closely with the national average, offering a balanced perspective on living expenses.
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 for residents and job seekers. Additionally, groceries in Newport are priced at 90, which is 10% less than the average cost across the country. This lower cost can be a significant advantage for those managing their budget.
Utilities in Newport, however, are slightly higher than the national average, with an index of 105. This represents a 5% increase in utility costs compared to the nationwide average. Despite this, the overall cost of living remains competitive. Healthcare costs in Newport are on par with the national average at 100, offering no significant advantage or disadvantage. Miscellaneous expenses, which include items like entertainment and clothing, are also slightly below the average at 92, providing a 8% reduction in costs. Overall, Newport offers a balanced cost of living with some areas being more affordable and others slightly higher.
