Homewood, SC vs Newport, SC

There is a significant gap in the cost of living between these two cities. Homewood is 28.2% cheaper than Newport. With a cost index of 71 vs 100, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Homewood to Newport should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Homewood are $183,300 compared to $310,300 in Newport, a 41% gap.

Median household income in Homewood is $44,466 compared to $107,143 in Newport (-58.5%). While Newport is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, Homewood is notably warmer with an average of 64°F compared to 61°F in Newport. Homewood receives more rainfall at 48.5" per year compared to 42.4" in Newport.