Newport, NH, has a lower cost of living index compared to the nationwide average. Based on the provided data, the overall index is 93, which is 7% below the national average of 100. Housing and groceries show the most significant savings, while utilities are slightly higher. This suggests that Newport offers a more affordable living environment for those considering relocating.
The cost of living in Newport, NH, compared to the nationwide average of 100, offers a balanced view for potential job seekers. Housing costs in Newport sit slightly below the average at 95, meaning residents spend about 5% less on housing than the national norm. This lower housing cost can make Newport an attractive option for those looking to save on one of the largest monthly expenses.
When considering other expenses, Newport also tends to be more affordable. For instance, groceries are priced at 90, representing a 10% reduction from the national average. Utilities, however, are slightly above the average at 105, indicating a 5% increase. Transportation costs mirror the national average at 98, offering no significant advantage or disadvantage. Healthcare stands at 88, a 12% decrease, which could lead to lower medical expenses for residents. Miscellaneous costs are at 92, suggesting a modest 8% decrease. Overall, Newport presents a cost of living that is mostly lower than the national average, with minor exceptions in utilities and healthcare costs.
