Cost of Living in Newport, TN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
74.1
100 = national avg
-25.9 vs national average
Living Wage (1 Adult)
$32,599
per year
Living Wage (Family of 4)
$77,051
per year
Cost Index by Category
Housing76.5
Food80.6
Transportation61.3
Healthcare84.5
Utilities83.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$742
per month
2 Bedroom
$925
per month
The overall cost of living index in Newport is 74.1, which is 25.9% below the national average. Housing costs are below the national average at an index of 76.5. A single adult needs to earn approximately $32,599 per year to cover basic expenses.