Newport, OR vs Toledo, OR

Toledo is moderately more affordable than Newport, with a 12.8% lower cost of living index. Newport scores 105 compared to 93 for Toledo, where the US average is 100. This difference means residents of Newport can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Newport is $1,153/month compared to $1,063/month in Toledo — a 9% difference. Home values follow the same pattern: Toledo is more affordable at $293,100 median vs $404,800.

Median household income in Newport is $57,213 compared to $51,131 in Toledo (+11.9%). The higher salaries in Newport partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Newport spend roughly 24.2% of their income on rent, less than the 24.9% in Toledo.

Climate-wise, both cities share similar average temperatures (50.6°F vs 50.6°F). Toledo receives more rainfall at 67.3" per year compared to 67.3" in Newport.