Newport, NH vs Wolfeboro, NH

Newport is moderately more affordable than Wolfeboro, with a 9.4% lower cost of living index. Newport scores 92 compared to 101 for Wolfeboro, where the US average is 100. This difference means residents of Wolfeboro can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Newport is $1,261/month compared to $1,111/month in Wolfeboro — a 14% difference. Interestingly, home values tell a different story: while Wolfeboro has cheaper rent, Newport actually has lower median home values ($191,000 vs $363,200).

Median household income in Newport is $75,849 compared to $50,721 in Wolfeboro (+49.5%). Newport 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% of their income on rent, less than the 26.3% in Wolfeboro.

Climate-wise, both cities share similar average temperatures (45.5°F vs 47.7°F). Wolfeboro receives more rainfall at 41.2" per year compared to 40.3" in Newport.