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Newport, IN vs Wheatfield, IN

53
Newport
Indiana
VS
-29.9%
76
Wheatfield
Indiana

There is a significant gap in the cost of living between these two cities. Newport is 29.9% cheaper than Wheatfield. With a cost index of 53 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Newport to Wheatfield should plan for substantially higher expenses across most categories.

On the housing front, median rent in Newport is $569/month compared to $790/month in Wheatfield — a 28% difference. Home values follow the same pattern: Newport is more affordable at $58,800 median vs $191,900.

Median household income in Newport is $46,667 compared to $80,625 in Wheatfield (-42.1%). While Wheatfield is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Newport spend roughly 14.6% of their income on rent, more than the 11.8% in Wheatfield.

Income & Cost

Cost of Living Index
Newport
53
30% cheaper
Wheatfield
76
Median Household Income
Newport
$46,667
Wheatfield
$80,625
42% higher

Housing

Median Rent
Newport
$569
28% cheaper
Wheatfield
$790
Median Home Value
Newport
$58,800
69% cheaper
Wheatfield
$191,900
Population
Newport
283
Wheatfield
841

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Newport $2.91
Wheatfield $3.20
US $3.07
🥚
Eggs (grade A, large)
Newport $2.37
Wheatfield $2.61
US $2.50
🥛
Milk (whole)
Newport $3.82
Wheatfield $4.20
US $4.03
🍞
Bread (white)
Newport $1.75
Wheatfield $1.93
US $1.85
🍗
Chicken breast
Newport $3.93
Wheatfield $4.32
US $4.14
Electricity
Newport $0.16
Wheatfield $0.15
US $0.19