Newport, NY vs Smyrna, NY

Newport is moderately more affordable than Smyrna, with a 11.8% lower cost of living index. Newport scores 66 compared to 75 for Smyrna, where the US average is 100. This difference means residents of Smyrna can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Newport is $728/month compared to $1,125/month in Smyrna — a 35% difference. Interestingly, home values tell a different story: while Newport has cheaper rent, Smyrna actually has lower median home values ($86,000 vs $137,900).

Median household income in Newport is $82,955 compared to $29,732 in Smyrna (+179%). 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 10.5% of their income on rent, less than the 45.4% in Smyrna. The Newport ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.