Housing costs in Newport?
A typical home costs
$179,500, which is 46.9% less expensive than the national average of
$338,100 and 56.6% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Newport costs
$890 per month, which is 37.8% more than the national average of
$1,430 and 120.2% more than the state average of
$1,960.
Can I afford Newport?
To live comfortably in Newport, New York, a minimum annual income of
$34,560 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Newport?
The cost of living in Newport, NY is generally considered to be higher than the national average. The city's housing costs are particularly high, with the median home value being $189,100, according to Zillow. This is above the national median home value of $184,700. Other major expenses are also more expensive in Newport, such as utilities and transportation costs. However, for those who enjoy a wide range of amenities and activities, Newport is an attractive place to live.