Dermott, AR vs Newport, AR

Dermott is moderately more affordable than Newport, with a 6.3% lower cost of living index. Dermott scores 56 compared to 60 for Newport, where the US average is 100. This difference means residents of Newport can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Dermott is $627/month compared to $605/month in Newport — a 4% difference. Interestingly, home values tell a different story: while Newport has cheaper rent, Dermott actually has lower median home values ($77,600 vs $132,200).

Median household income in Dermott is $25,518 compared to $32,693 in Newport (-21.9%). While Newport is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Dermott spend roughly 29.5% of their income on rent, more than the 22.2% in Newport.