Meridian, NY vs Newport, NY
Newport is moderately more affordable than Meridian, with a 13.2% lower cost of living index. Meridian scores 75 compared to 66 for Newport, where the US average is 100. This difference means residents of Meridian can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Meridian is $914/month compared to $728/month in Newport — a 26% difference. Interestingly, home values tell a different story: while Newport has cheaper rent, Meridian actually has lower median home values ($129,200 vs $137,900).
Median household income in Meridian is $83,333 compared to $82,955 in Newport (+0.5%). Meridian does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Meridian spend roughly 13.2% of their income on rent, more than the 10.5% in Newport.
Climate-wise, both cities share similar average temperatures (47.3°F vs 46.7°F). Newport receives more rainfall at 44" per year compared to 39.6" in Meridian.
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