Newport, VT vs Waterbury, VT

There is a significant gap in the cost of living between these two cities. Newport is 18.1% cheaper than Waterbury. With a cost index of 76 vs 92, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Newport to Waterbury should plan for substantially higher expenses across most categories.

On the housing front, median rent in Newport is $849/month compared to $984/month in Waterbury — a 14% difference. Home values follow the same pattern: Newport is more affordable at $179,000 median vs $332,900.

Median household income in Newport is $48,194 compared to $59,934 in Waterbury (-19.6%). While Waterbury 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 19.7% in Waterbury.