Newport, NH is a charming small town located in the southwest corner of the state. It is home to several local businesses including The Newport Country Store, Food City Grocery, and Donley Tire & Auto Center. The cost of living in Newport is lower than most other towns in New Hampshire; rent for a two bedroom apartment averages around $1,290 a month compared to the national average of around $1,430 with groceries costing slightly more than the US index at 106 vs 100. In general, life in Newport is affordable yet still provides plenty of amenities and activities that make it an ideal place to call home.
Newport has an unemployment rate of 2.8%. The US average is 6.0%.
Newport has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 24.4%, which is lower than the US average of 33.5%.
Tax Rates for Newport
- The Sales Tax Rate for Newport is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Newport is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Newport
- The average income of a Newport resident is $27,671 a year. The US average is $28,555 a year.
- The Median household income of a Newport resident is $65,435 a year. The US average is $69,021 a year.