Housing costs in Newport?
A typical home costs
$284,000, which is 16.0% less expensive than the national average of
$338,100 and 16.3% more expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Newport costs
$1,020 per month, which is 28.7% cheaper than the national average of
$1,430 and close to the state average of
$1,030.
Can I afford Newport?
To live comfortably in Newport, Wisconsin, a minimum annual income of
$54,360 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Newport?
Newport, WI is an affordable place to live. Most residents pay a median property tax of around $1,700 per year, which is significantly lower than the national average. The cost of living in Newport is also low due to its low housing costs. The median home value in Newport is just over $110,000, which is much lower than the national average. In addition, utilities are very affordable for most households. Groceries and other basic necessities are also reasonably priced in this small Wisconsin town. As such, Newport provides residents with a great balance between affordability and quality of life.