Cost of Living in Newport, KY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
98.8
100 = national avg
-1.2 vs national average
Living Wage (1 Adult)
$43,483
per year
Living Wage (Family of 4)
$102,779
per year
Cost Index by Category
Housing112.5
Food94.7
Transportation82.5
Healthcare95.7
Utilities99.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,051
per month
2 Bedroom
$1,353
per month
The overall cost of living index in Newport is 98.8, which is 1.2% below the national average. Housing costs are above the national average at an index of 112.5. A single adult needs to earn approximately $43,483 per year to cover basic expenses.