Newport, VT vs Proctor, VT
Newport is moderately more affordable than Proctor, with a 7.7% lower cost of living index. Newport scores 76 compared to 82 for Proctor, where the US average is 100. This difference means residents of Proctor can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Newport is $849/month compared to $1,010/month in Proctor — a 16% difference. Home values follow the same pattern: Newport is more affordable at $179,000 median vs $196,100.
Median household income in Newport is $48,194 compared to $65,375 in Proctor (-26.3%). While Proctor is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Newport spend roughly 21.1% of their income on rent, more than the 18.5% in Proctor.
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