Elizabethton, TN vs Newport, TN

Elizabethton, TN and Newport, TN have a very similar cost of living, with only a 3.8% difference in their overall index. Elizabethton scores 67 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 Elizabethton is $751/month compared to $780/month in Newport — a 4% difference. Interestingly, home values tell a different story: while Elizabethton has cheaper rent, Newport actually has lower median home values ($124,300 vs $159,700).

Median household income in Elizabethton is $44,834 compared to $40,096 in Newport (+11.8%). While Elizabethton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Elizabethton spend roughly 20.1% of their income on rent, less than the 23.3% in Newport.