Cost of Living in Newport East, RI

Population 11,262 · Rhode Island · Data vintage 2023

149
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Newport East is a smaller Rhode Island community of around 11000 residents, where median household incomes of $86,310 and housing costs ($479,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. At 8.5%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Geographically, Newport East sits roughly 20 miles southwest of New Bedford. Median home values run roughly 48% higher than New Bedford's $324,000.

Cost Overview

Housing 157
Rent 136

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

About the Cost of Living in Newport East

The median home value in Newport East is $479,200 — 57% above the national median of $305,000. Median rent runs $1,784/month, 36% higher than the national median of $1,314/month. The median household income of $86,310/year is 16% higher than the US median of $74,580. The local unemployment rate is 8.5%, above the national average of 4.8%. Rhode Island's top state income tax rate is 6.0% and the combined sales tax is 7.0%. The climate averages highs of 58.9°F and lows of 43.8°F. Overall, Newport East has a cost of living index of 149 versus the US average of 100, meaning it is 49% more expensive.

🏠 Housing

Median Home Value
$479,200
57% above avg
Median Rent
$1,784/mo
36% above avg
Price-to-Rent Ratio
22.4x
Favors renting
Property Tax Rate
1.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,233
1 BR
$1,319
2 BR
$1,614
3 BR
$1,945
4 BR
$2,359
Owner-occupied 54.6%
Renter-occupied 45.4%

💰 Estimated Monthly Budget

Rent median rent
$1,784
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,398/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
22.2 min
18% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.0%

Commute Mode

Drove alone
72.3%
Carpooled
9.1%
Public transit
1.2%
Walked
6.1%
Bicycle
0.7%
Work from home
10.0%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 6.0%
Total Sales Tax 7.0%
State rate 7.0%
Avg local rate 0.0%
Property Tax 1.6%

💼 Income & Employment

Median Household Income
$86,310
16% above avg
Per Capita Income
$53,164
Unemployment Rate
8.5%
77% above avg
Poverty Rate
14.2%
Labor Force Participation
65.3%

🎓 Education

Bachelor's degree+ 25.2%
Graduate degree 19.1%

👥 Demographics

Median Age 45
Male median age 44.4
Female median age 45.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
58.9°F
Avg Low
43.8°F
Annual Precip
42.2"
20° 35° 50° 65° 80° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 384046566574807972625344
Low °F 242531394958646457473830
Precip" 3.212.814.573.813.033.412.933.413.444.063.763.74

Frequently Asked Questions

What is the cost of living in Newport East, RI?

Newport East has a cost index of 149 (100 = national average). It is 49% above the national average.

What is average rent in Newport East, RI?

The median gross rent in Newport East is $1,784 per month based on 2023 Census data.

What is the average home price in Newport East?

The median home value in Newport East is $479,200 according to 2023 Census ACS data.

What is the median income in Newport East?

The median household income in Newport East is $86,310 per year (2023 ACS 5-year estimates).

What is the sales tax in Newport East, RI?

The combined state and local sales tax rate in Newport East is 7.0%. The Rhode Island state income tax top rate is 6.0%.

Is Newport East, RI affordable?

Newport East is above average in cost of living, with an index of 149 — about 49% higher than the national average.

What is the weather like in Newport East?

Newport East has average high temperatures of 58.9°F and average lows of 43.8°F. Annual precipitation is 42.2". Data from NOAA 1991–2020 Climate Normals.

Newport East at a Glance

Population
11,262
Median Income
$86,310
Home Value
$479,200
Median Rent
$1,784/mo
Unemployment
8.5%
Avg High Temp
58.9°F
Sales Tax
7.0%
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