Newport, NJ Economy

Newport, NJ is a charming town located in Monmouth County. It is home to many local companies and businesses such as Panera Bread, Kohl’s, Walmart, Red Lobster, and Target. The cost of living is relatively low compared to the U.S. as average 2 bedroom rent is $1,430 per month and the Grocery Cost Index in Newport is 100 versus the national index of 100. Thus, living in Newport allows you to enjoy a comfortable lifestyle without breaking your budget.