Cost of Living in Newport, PA
Population: 1,587 | Pennsylvania
Newport is 27% less expensive than the national average.
Cost of Living in Newport, PA: What You Need to Know
With a cost of living index of 73, Newport, PA is one of the most affordable cities in the country. Living here is 27% cheaper than the national average and 10% below the Pennsylvania state average of 83. Newport is a small community of 1,587 residents.
Housing costs are the biggest factor in Newport's cost of living. The median monthly rent is $874 (34% below the US median of $1,319), and the median home value sits at $147,300 (52% below the national median of $304,900). At current prices, the median home costs roughly 2.4x the median household income — well within traditional affordability guidelines.
The median household income in Newport is $60,644, which is 19% lower than the national median of $75,149. Residents spend roughly 17% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Everyday prices in the Harrisburg-Carlisle, PA (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 5 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $60,644
- vs US Median ($75,149)
- -19%
Housing
- Median Rent
- $874/mo
- Median Home Value
- $147,300
- Median Monthly Housing Cost
- $1,004/mo
Everyday Prices in Newport
BLS Average Prices for the Harrisburg-Carlisle, PA (Metropolitan Statistical Area) area