Newport, TN vs Waynesboro, TN

There is a significant gap in the cost of living between these two cities. Waynesboro is 21.2% cheaper than Newport. With a cost index of 53 vs 64, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Waynesboro to Newport should plan for substantially higher expenses across most categories.

On the housing front, median rent in Newport is $780/month compared to $469/month in Waynesboro — a 66% difference. Home values follow the same pattern: Waynesboro is more affordable at $81,400 median vs $124,300.

Median household income in Newport is $40,096 compared to $45,000 in Waynesboro (-10.9%). Waynesboro 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 23.3% of their income on rent, more than the 12.5% in Waynesboro.