Lebanon, NH vs Newport, NH
There is a significant gap in the cost of living between these two cities. Newport is 29.4% cheaper than Lebanon. With a cost index of 92 vs 119, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Newport to Lebanon should plan for substantially higher expenses across most categories.
On the housing front, median rent in Lebanon is $1,732/month compared to $1,261/month in Newport — a 37% difference. Home values follow the same pattern: Newport is more affordable at $191,000 median vs $345,100.
Median household income in Lebanon is $92,288 compared to $75,849 in Newport (+21.7%). The higher salaries in Lebanon partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Lebanon spend roughly 22.5% of their income on rent, more than the 20% in Newport.
Climate-wise, both cities share similar average temperatures (46°F vs 45.5°F). Newport receives more rainfall at 40.3" per year compared to 38.1" in Lebanon.
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Climate
NOAA 30-year normals (1991-2020)