Dayton, KY vs Newport, KY

Dayton, KY and Newport, KY have a very similar cost of living, with only a 4.3% difference in their overall index. Dayton scores 78 while Newport scores 81 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Dayton is $1,086/month compared to $994/month in Newport — a 9% difference. Interestingly, home values tell a different story: while Newport has cheaper rent, Dayton actually has lower median home values ($144,100 vs $221,100).

Median household income in Dayton is $62,500 compared to $58,422 in Newport (+7%). Dayton offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Dayton spend roughly 20.9% of their income on rent, more than the 20.4% in Newport.