Housing costs in Newport?
A typical home costs
$0, which is 100.0% less expensive than the national average of
$338,100 and 100.0% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Newport costs
$1,400 per month, which is 2.1% cheaper than the national average of
$1,430 and 22.1% cheaper than the state average of
$1,710.
Can I afford Newport?
To live comfortably in Newport, New Jersey, a minimum annual income of
$33,840 for a family, and
$43,600 for a single person is recommended.
What does A.I. say about Newport?
Living in Newport, NJ is significantly more expensive than the US average. The median house value is well above the national average of $338,100, making it an expensive place to purchase a home. This is reflected in the cost of living, which is above the US average of 100. All aspects of life in Newport from housing costs to groceries and transportation are more expensive than living elsewhere in the US.