Newport, NH, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Newport stands at 97, which is 3% lower than the national average of 100. This makes Newport an attractive option for those looking to manage their expenses more effectively.
Specifically, housing costs in Newport are 8% below the average, while groceries and utilities are just slightly below. Transportation costs are on par with the national average, and healthcare costs are 5% higher. Miscellaneous expenses also mirror the national average closely. This balanced cost structure provides a good opportunity for job seekers to find affordable living conditions.
Newport, NH, presents a cost of living that is relatively close to the nationwide average. Housing costs in Newport are 8% below the national average, making it a more affordable option for those seeking to buy or rent a home. The housing index in Newport stands at 92, compared to the nationwide average of 100. This slight decrease in housing costs can be a significant advantage for individuals and families looking to manage their budgets effectively.
In addition to housing, the cost of groceries in Newport is also slightly below the national average. The grocery index is 95, which is 5% lower than the average of 100. This means that residents can save a bit on their food expenses. Utilities in Newport are nearly on par with the national average, with an index of 98, which is just 2% below the average. Transportation costs in Newport match the national average exactly, with an index of 100. Healthcare costs, however, are slightly higher in Newport, with an index of 105, indicating a 5% increase over the national average. Miscellaneous expenses also mirror the national average, with an index of 97, which is 3% below the average. Overall, Newport offers a balanced cost of living with some areas being more affordable and others slightly higher than the national average.
