Cost of Living in Newport, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
68.2
100 = national avg
-31.8 vs national average
Living Wage (1 Adult)
$29,987
per year
Living Wage (Family of 4)
$70,879
per year
Cost Index by Category
Housing48.4
Food85.7
Transportation71.3
Healthcare88.5
Utilities81.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$864
per month
2 Bedroom
$1,094
per month
The overall cost of living index in Newport is 68.2, which is 31.8% below the national average. Housing costs are below the national average at an index of 48.4. A single adult needs to earn approximately $29,987 per year to cover basic expenses.