Housing costs in Newport?
A typical home costs
$446,400, which is 32.0% more expensive than the national average of
$338,100 and 4.7% less expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Newport costs
$1,160 per month, which is 18.9% cheaper than the national average of
$1,430 and 31.0% cheaper than the state average of
$1,520.
Can I afford Newport?
To live comfortably in Newport Ore Metro Area, Oregon, a minimum annual income of
$85,680 for a family, and
$36,000 for a single person is recommended.
What does A.I. say about Newport?
The cost of living in Newport, OR Metro Area is slightly higher than the national average. With a median house value of $446,400, it is nearly 33% more expensive than the US average of $338,100. The Cost of Living Index (COLI) for Newport is 100.7 as compared to the US average COLI score of 100. Despite being more expensive than most other places in America, the area offers plenty of amenities and opportunities to those who can afford it.