Cost of Living in Newport, VT
Population 4,413 · Vermont · Data vintage 2023
(100 = US avg)
Newport's median household income of $48,194 is a meaningful share below the national figure, which shapes most of the downstream economic indicators — from housing affordability to the share of residents living below the poverty line (22% here). At 10.1%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Newport lies roughly 140 miles north of the nearest major metro, Manchester — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 47% lower than Manchester's $336,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Newport
The median home value in Newport is $179,000 — 41% below the national median of $305,000. Median rent runs $849/month, 35% lower than the national median of $1,314/month. The median household income of $48,194/year is 35% lower than the US median of $74,580. The local unemployment rate is 10.1%, above the national average of 4.8%. Vermont's top state income tax rate is 8.8% and the combined sales tax is 6.2%. The climate averages highs of 53.8°F and lows of 31.2°F. Overall, Newport has a cost of living index of 61 versus the US average of 100, meaning it is 39% less expensive.
Newport has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 26 | 30 | 39 | 53 | 66 | 74 | 79 | 77 | 70 | 56 | 43 | 32 |
| Low °F | 5 | 6 | 17 | 29 | 40 | 50 | 55 | 53 | 45 | 35 | 25 | 14 |
| Precip" | 2.24 | 1.53 | 1.95 | 2.80 | 3.49 | 3.76 | 4.21 | 3.50 | 3.15 | 3.62 | 2.75 | 2.50 |
Frequently Asked Questions
What is the cost of living in Newport, VT?
Newport has a cost index of 61 (100 = national average). It is 39% below the national average.
What is average rent in Newport, VT?
The median gross rent in Newport is $849 per month based on 2023 Census data.
What is the average home price in Newport?
The median home value in Newport is $179,000 according to Zillow and Census data.
What is the median income in Newport?
The median household income in Newport is $48,194 per year (2023 ACS 5-year estimates).
What is the sales tax in Newport, VT?
The combined state and local sales tax rate in Newport is 6.2%. The Vermont state income tax top rate is 8.8%.
Is Newport, VT affordable?
Yes, Newport is generally considered affordable, with a cost of living index of 61 — about 39% below the US national average of 100.
What is the weather like in Newport?
Newport has average high temperatures of 53.8°F and average lows of 31.2°F. Annual precipitation is 35.5". Data from NOAA 1991–2020 Climate Normals.
Newport at a Glance
- Population
- 4,413
- Median Income
- $48,194
- Home Value
- $179,000
- Median Rent
- $849/mo
- Unemployment
- 10.1%
- Avg High Temp
- 53.8°F
- Sales Tax
- 6.2%
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Vermont Rankings
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