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Cost of Living in Newport, SC

Population: 4,142 | South Carolina

100
Cost of Living Index
US Average = 100

Newport is 1% less expensive than the national average.

100
Housing
102
Home Values
97
Regional Price

Cost of Living in Newport, SC: What You Need to Know

With a cost of living index of 100, Newport, SC is right around the national average in cost. Living here is 1% cheaper than the national average and 18% above the South Carolina state average of 82. Newport is a small community of 4,142 residents.

The median household income in Newport is $107,143, which is 43% higher than the national median of $75,149.

Climate is another factor for anyone considering a move to Newport. The area sees an average annual temperature of 61°F, with summers averaging 78°F and winters around 44°F. Annual rainfall totals 42.4 inches spread over roughly 125 days.

Everyday prices in the Charlotte-Concord-Gastonia, NC-SC (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 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
$107,143
vs US Median ($75,149)
+43%

Housing

Median Home Value
$310,300
Median Monthly Housing Cost
$1,140/mo

Everyday Prices in Newport

BLS Average Prices for the Charlotte-Concord-Gastonia, NC-SC (Metropolitan Statistical Area) area

$2.96
Gasoline (regular)
per gallon
-3% vs US
🥚
$2.42
Eggs (grade A, large)
per dozen
-3% vs US
🥛
$3.89
Milk (whole)
per gallon
-3% vs US
🍞
$1.79
Bread (white)
per lb
-3% vs US
🍗
$4.00
Chicken breast
per lb
-3% vs US
$0.16
Electricity
per kWh
-15% vs US

Climate in Newport

NOAA 30-year normals (1991-2020)

61°F
Avg Temperature
42.4"
Rainfall / Year
125d
Rainy Days / Year
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
High °F 52 57 64 74 80 87 90 89 83 73 63 55
Avg °F 42 45 52 61 69 76 80 78 72 61 51 44
Low °F 31 34 40 48 57 66 69 68 62 49 39 33
Rain" 3.5 3.2 3.8 3.6 3.2 4.0 4.0 4.0 3.4 3.0 3.3 3.6

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