Meredith, NH vs Newport, NH
There is a significant gap in the cost of living between these two cities. Newport is 19.9% cheaper than Meredith. With a cost index of 92 vs 110, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Newport to Meredith should plan for substantially higher expenses across most categories.
On the housing front, median rent in Meredith is $1,255/month compared to $1,261/month in Newport — a 1% difference. Interestingly, home values tell a different story: while Meredith has cheaper rent, Newport actually has lower median home values ($191,000 vs $415,800).
Median household income in Meredith is $52,083 compared to $75,849 in Newport (-31.3%). Newport offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Meredith spend roughly 28.9% of their income on rent, more than the 20% in Newport.
Climate-wise, both cities share similar average temperatures (47.2°F vs 45.5°F). Meredith receives more rainfall at 42" per year compared to 40.3" in Newport.
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Climate
NOAA 30-year normals (1991-2020)