Newport, NH, offers a lower cost of living compared to the nationwide average of 100. Specifically, the housing index in Newport stands at 85, which is 15% below the national average. This makes housing more affordable for residents. Additionally, the grocery index is 98, slightly below the average, while other categories like utilities and transportation are also under the national average, providing further savings in these areas. Overall, Newport presents a cost of living that is 9% lower than the nationwide average.
The cost of living in Newport, NH, presents a variety of expenses that differ from the nationwide average. For housing, the index stands at 85, meaning it costs 15% less than the national average. People looking to move here can expect to spend less on their homes or rent compared to other places. Grocery costs are only slightly below the national average, with an index of 98, which means they are 2% less expensive.
Utilities in Newport are also relatively affordable, with an index of 95, reflecting a 5% decrease from the national average. Transportation costs show a similar pattern, coming in at 90, which means they are 10% less than what someone might pay elsewhere in the country. Healthcare costs, however, are slightly higher, with an index of 105, indicating a 5% increase. Miscellaneous expenses, with an index of 92, suggest these costs are 8% below the national average. Together, these figures paint a picture of a town where most living expenses are lower than the national average, though healthcare and miscellaneous costs show minor increases.
