Cost of Living in Newport, OR

Population 10,393 · Oregon · Data vintage 2023

115
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Newport sits on the smaller end of the Oregon city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. Unemployment has stayed elevated relative to the national figure — 7.2% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Newport is about 55 miles west of Salem, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with Salem's $382,000 median.

Cost Overview

Housing 133
Rent 88

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

About the Cost of Living in Newport

The median home value in Newport is $404,800 — 33% above the national median of $305,000. Median rent runs $1,153/month, 12% lower than the national median of $1,314/month. The median household income of $57,213/year is 23% lower than the US median of $74,580. The local unemployment rate is 7.2%, above the national average of 4.8%. Oregon's top state income tax rate is 9.9% and the combined sales tax is 0.0%. The climate averages highs of 56.9°F and lows of 44.3°F. Overall, Newport has a cost of living index of 115 versus the US average of 100, meaning it is 15% more expensive.

🏠 Housing

Median Home Value
$404,800
33% above avg
Zillow Home Value
$441,760
Zillow ZHVI
Median Rent
$1,153/mo
12% below avg
Zillow Rent
$2,092/mo
Zillow ZORI
Price-to-Rent Ratio
29.3x
Favors renting
Property Tax Rate
1.0%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$903
1 BR
$1,003
2 BR
$1,252
3 BR
$1,754
4 BR
$2,023
Owner-occupied 57.8%
Renter-occupied 42.2%

💰 Estimated Monthly Budget

Rent median rent
$1,153
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,767/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
17.9 min
34% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.0%

Commute Mode

Drove alone
69.4%
Carpooled
13.4%
Public transit
0.4%
Walked
5.3%
Bicycle
0.8%
Work from home
10.0%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 9.9%
Total Sales Tax 0.0%
State rate 0.0%
Avg local rate 0.0%
Property Tax 1.0%

💼 Income & Employment

Median Household Income
$57,213
23% below avg
Per Capita Income
$37,268
Unemployment Rate
7.2%
50% above avg
Poverty Rate
17.2%
Labor Force Participation
50.9%

🎓 Education

Bachelor's degree+ 17.3%
Graduate degree 13.8%

👥 Demographics

Median Age 50.3
Male median age 45.7
Female median age 51.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
56.9°F
Avg Low
44.3°F
Annual Precip
67.3"
Annual Snowfall
0.1"
30° 40° 50° 60° 70° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 505253545861646464605450
Low °F 393939414649515249454239
Precip" 10.338.386.825.532.962.160.590.742.335.5610.2411.63
Snow" 0.00.00.00.00.00.00.00.00.00.00.00.1

🏫 Schools

NCES CCD 2019 — public school district data

80%
4-Year Graduation Rate
19.4:1
Student-teacher ratio
17
Public schools
5,625
Total enrollment

Frequently Asked Questions

What is the cost of living in Newport, OR?

Newport has a cost index of 115 (100 = national average). It is 15% above the national average.

What is average rent in Newport, OR?

The median gross rent in Newport is $1,153 per month based on 2023 Census data.

What is the average home price in Newport?

The median home value in Newport is $404,800 according to Zillow and Census data.

What is the median income in Newport?

The median household income in Newport is $57,213 per year (2023 ACS 5-year estimates).

What is the sales tax in Newport, OR?

The combined state and local sales tax rate in Newport is 0.0%. The Oregon state income tax top rate is 9.9%.

Is Newport, OR affordable?

Newport is above average in cost of living, with an index of 115 — about 15% higher than the national average.

What is the weather like in Newport?

Newport has average high temperatures of 56.9°F and average lows of 44.3°F. Annual precipitation is 67.3". Average annual snowfall is 0.1". Data from NOAA 1991–2020 Climate Normals.

Newport at a Glance

Population
10,393
Median Income
$57,213
Home Value
$404,800
Median Rent
$1,153/mo
Unemployment
7.2%
Avg High Temp
56.9°F
Sales Tax
0.0%
View all cities in Oregon →
🗺️ County data for Oregon

Explore county-level cost of living data

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