Housing costs in Newport?
A typical home costs
$92,300, which is 72.7% less expensive than the national average of
$338,100 and 49.2% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Newport costs
$670 per month, which is 53.1% cheaper than the national average of
$1,430 and 25.4% cheaper than the state average of
$840.
Can I afford Newport?
To live comfortably in Newport, Arkansas, a minimum annual income of
$17,640 for a family, and
$20,400 for a single person is recommended.
What does A.I. say about Newport?
The cost of living in Newport, AR is generally fairly affordable compared to other areas. The overall cost of living index score for Newport is 77.4, which is lower than the national average of 100. Housing costs in Newport are particularly affordable, with an index score of 59.8—well below the national average of 100. Other expenses such as groceries and transportation also tend to be lower than other regions. In addition, the city has a low crime rate and offers a variety of outdoor activities that can help with keeping costs down. All these factors make Newport an attractive location for those looking to live a comfortable lifestyle without breaking the bank.