Newport, ND is an ideal place to live for those looking for a quiet and affordable lifestyle. The average rent for a two bedroom apartment is $810 per month, which is significantly lower than the US median of $1,430. Moreover, the cost of grocery items in Newport is 93 out of 100 compared to the US average making it an attractive option for those on a budget.
The town has several locally-owned businesses including Newport Family Restaurant and Cafe, Bob’s Butcher Block and Bakery and Mowery’s Auto Repair Shop. There are also plenty of local parks and trails where residents can enjoy outdoor activities while taking in the beautiful scenery that Newport has to offer.
Overall, Newport seems to be an ideal place for people who want to save money while still enjoying a small-town atmosphere with plenty of amenities. With low rent prices, affordable groceries and plenty of local businesses, Newport offers great value for its citizens when it comes to their cost of living.
Newport has an unemployment rate of 6.8%. The US average is 6.0%.
Newport has seen the job market decrease by -1.6% over the last year. Future job growth over the next ten years is predicted to be 19.1%, which is lower than the US average of 33.5%.
Tax Rates for Newport
- The Sales Tax Rate for Newport is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Newport is 2.0%. 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 $68,544 a year. The US average is $37,638 a year.
- The Median household income of a Newport resident is $0 a year. The US average is $69,021 a year.