Newport is located in Rhode Island and has an overall cost of living that is +29% compared to the national average. Understanding the full picture of living expenses — from housing and rent to grocery bills and healthcare — is essential when considering a move to Newport.

Housing: Median rent in Newport is $3,490 / month, and the median home price is $1,162,792. Housing costs are +118% compared to the national average, which significantly impacts monthly budgets.

Groceries: Daily essentials like bread ($4.16), milk ($4.82), and eggs ($4.76) reflect the local grocery landscape. Overall grocery costs are +2% vs the national average.

Healthcare: Medical costs include doctor visits ($154.91), dentist visits ($124.43), and prescription drugs ($22.43). These costs should be factored into your monthly budget when planning a move.

Rhode Island has a state income tax rate of 5.99%, which affects take-home pay for Newport residents.

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Newport, Rhode Island Cost of Living FAQ

Common questions about living costs in Newport.

Newport, Rhode Island has an overall cost of living that is +29% the national average. Housing costs are +118% vs the national average. Grocery prices are +2% vs average. Utilities are +31% vs average. This makes Newport a relatively expensive city.

The median rent in Newport, Rhode Island is $3,490 / month. Average energy bills run $288.37 / month. Phone bills average $257.26 / month. Housing is typically the largest expense for residents.

Healthcare costs in Newport: doctor's visit averages $154.91, dentist visit averages $124.43, prescription drugs average $22.43. Overall healthcare expenses in the area are influenced by the +2% grocery cost difference.

Newport is one of 18 cities tracked in Rhode Island. With an overall cost +29% vs the national average, it tends to be pricier than some smaller communities. Visit our Rhode Island state page to compare all cities side-by-side and find the best fit for your budget.

Newport offers cost of living +29% compared to the national average. Key factors to consider: median home price of $1,162,792, rent of $3,490 / month, and a state income tax of 5.99% in Rhode Island. Explore our detailed cost breakdown above to see if Newport fits your budget.