Dyer, TN vs Newport, TN

Dyer, TN and Newport, TN have a very similar cost of living, with only a 0.3% difference in their overall index. Dyer scores 65 while Newport scores 64 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 Dyer is $810/month compared to $780/month in Newport — a 4% difference. Interestingly, home values tell a different story: while Newport has cheaper rent, Dyer actually has lower median home values ($117,600 vs $124,300).

Median household income in Dyer is $50,962 compared to $40,096 in Newport (+27.1%). While Dyer is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Dyer spend roughly 19.1% of their income on rent, less than the 23.3% in Newport.