Cost of Living in Newport, AR

Population 8,019 · Arkansas · Data vintage 2023

44
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

At $32,693, median household incomes in Newport land roughly 56% below the US median, a gap that tends to persist across local labor-market indicators. Around 29% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Newport lies roughly 80 miles west of the nearest major metro, Memphis — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 16% lower than Memphis' $157,000.

Cost Overview

Housing 43
Rent 46

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Newport

The median home value in Newport is $132,200 — 57% below the national median of $305,000. Median rent runs $605/month, 54% lower than the national median of $1,314/month. The median household income of $32,693/year is 56% lower than the US median of $74,580. The local unemployment rate is 12.5%, above the national average of 4.8%. Arkansas's top state income tax rate is 4.4% and the combined sales tax is 9.5%. Overall, Newport has a cost of living index of 44 versus the US average of 100, meaning it is 56% less expensive.

🏠 Housing

Median Home Value
$132,200
57% below avg
Zillow Home Value
$376,617
Zillow ZHVI
Median Rent
$605/mo
54% below avg
Price-to-Rent Ratio
18.2x
Favors buying
Property Tax Rate
0.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$638
1 BR
$684
2 BR
$848
3 BR
$1,151
4 BR
$1,256
Owner-occupied 49.6%
Renter-occupied 50.4%

💰 Estimated Monthly Budget

Rent median rent
$605
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,219/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
15.9 min
41% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
1.1%

Commute Mode

Drove alone
83.2%
Carpooled
8.9%
Walked
5.7%
Bicycle
0.3%
Work from home
1.1%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 4.4%
Total Sales Tax 9.5%
State rate 6.5%
Avg local rate 3.0%
Property Tax 0.6%

💼 Income & Employment

Median Household Income
$32,693
56% below avg
Per Capita Income
$17,097
Unemployment Rate
12.5%
160% above avg
Poverty Rate
29.3%
Labor Force Participation
37.1%

🎓 Education

Bachelor's degree+ 5.8%
Graduate degree 4.4%

👥 Demographics

Median Age 39
Male median age 35.7
Female median age 40.4

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 44 — Good
58.3%
Good air days/yr
91
Max AQI recorded
120
PM2.5 days
0
Ozone days

Frequently Asked Questions

What is the cost of living in Newport, AR?

Newport has a cost index of 44 (100 = national average). It is 56% below the national average.

What is average rent in Newport, AR?

The median gross rent in Newport is $605 per month based on 2023 Census data.

What is the average home price in Newport?

The median home value in Newport is $132,200 according to Zillow and Census data.

What is the median income in Newport?

The median household income in Newport is $32,693 per year (2023 ACS 5-year estimates).

What is the sales tax in Newport, AR?

The combined state and local sales tax rate in Newport is 9.5%. The Arkansas state income tax top rate is 4.4%.

Is Newport, AR affordable?

Yes, Newport is generally considered affordable, with a cost of living index of 44 — about 56% below the US national average of 100.

Newport at a Glance

Population
8,019
Median Income
$32,693
Home Value
$132,200
Median Rent
$605/mo
Unemployment
12.5%
Sales Tax
9.5%
View all cities in Arkansas →
🗺️ County data for Arkansas

Explore county-level cost of living data

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