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Newport, MN vs Red Lake, MN

96
Newport
Minnesota
VS
+67.2%
58
Red Lake
Minnesota

The cost of living difference between Newport, MN and Red Lake, MN is dramatic. Red Lake is 67.2% cheaper than Newport, a gap that translates to thousands of dollars per year in household expenses. Newport has a cost index of 96 while Red Lake sits at 58, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Newport is $1,080/month compared to $426/month in Red Lake — a 154% difference. Home values follow the same pattern: Red Lake is more affordable at $136,000 median vs $331,300.

Median household income in Newport is $63,365 compared to $55,092 in Red Lake (+15%). Newport 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 Newport spend roughly 20.5% of their income on rent, more than the 9.3% in Red Lake.

Climate-wise, Newport is notably warmer with an average of 46.5°F compared to 37.7°F in Red Lake. Newport receives more rainfall at 29.2" per year compared to 24.3" in Red Lake.

Income & Cost

Cost of Living Index
Newport
96
Red Lake
58
40% cheaper
Median Household Income
Newport
$63,365
13% higher
Red Lake
$55,092

Housing

Median Rent
Newport
$1,080
Red Lake
$426
61% cheaper
Median Home Value
Newport
$331,300
Red Lake
$136,000
59% cheaper
Population
Newport
4,460
Red Lake
1,506

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Newport $3.20
Red Lake
US $3.07
🥚
Eggs (grade A, large)
Newport $2.61
Red Lake
US $2.50
🥛
Milk (whole)
Newport $4.21
Red Lake
US $4.03
🍞
Bread (white)
Newport $1.93
Red Lake
US $1.85
🍗
Chicken breast
Newport $4.33
Red Lake
US $4.14
Electricity
Newport $0.17
Red Lake
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Newport 46.5°F
Red Lake 37.7°F
Summer High
Newport 83°F
Red Lake 78°F
Winter Low
Newport 9°F
Red Lake -6°F
Rainfall
Newport 29.2"
Red Lake 24.3"
Rainy Days
Newport 102d
Red Lake 117d