Housing costs in Newport?
A typical home costs
$291,600, which is 13.8% less expensive than the national average of
$338,100 and 0.8% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Newport costs
$1,010 per month, which is 29.4% cheaper than the national average of
$1,430 and 9.9% cheaper than the state average of
$1,110.
Can I afford Newport?
To live comfortably in Newport, North Carolina, a minimum annual income of
$55,800 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Newport?
The cost of living in Newport, NC is relatively low compared to the rest of the country. The median home price is just under $120,000, making it one of the more affordable places to live in North Carolina. Renters can find a variety of options ranging from modest apartments for around $500 per month to larger 3 bedroom units that cost closer to $900 per month. Other costs such as groceries and utilities remain about average for the state, giving residents a good balance between affordability and quality of life.