Newport, KY vs Walton, KY

Newport, KY and Walton, KY have a very similar cost of living, with only a 1.5% difference in their overall index. Newport scores 81 while Walton scores 82 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Newport is $994/month compared to $1,021/month in Walton — a 3% difference. Home values follow the same pattern: Newport is more affordable at $221,100 median vs $226,200.

Median household income in Newport is $58,422 compared to $76,375 in Walton (-23.5%). While Walton 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 20.4% of their income on rent, more than the 16% in Walton.