Newport, MN vs St. Peter, MN
There is a significant gap in the cost of living between these two cities. St. Peter is 22.3% cheaper than Newport. With a cost index of 79 vs 96, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from St. Peter to Newport should plan for substantially higher expenses across most categories.
On the housing front, median rent in Newport is $1,080/month compared to $943/month in St. Peter — a 15% difference. Home values follow the same pattern: St. Peter is more affordable at $238,700 median vs $331,300.
Median household income in Newport is $63,365 compared to $65,042 in St. Peter (-2.6%). St. Peter offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Newport spend roughly 20.5% of their income on rent, more than the 17.4% in St. Peter.
Climate-wise, both cities share similar average temperatures (46.5°F vs 46.7°F). St. Peter receives more rainfall at 30.6" per year compared to 29.2" in Newport.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area
Climate
NOAA 30-year normals (1991-2020)