Cost of Living in Newport, VT

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5%
Overall NAT. AVG.
7%
Groceries NAT. AVG.
28%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Newport Vermont National
Cost of living95108100
Groceries107107100
Health care105105100
Housing72114100
Transportation106106100
Utilities106106100
Lifestyle & Entertainment105105100
Household Items103103100
Education & Childcare103103100
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Homes For Sale In Newport, VT

property for sale

9 Clover Ln

Newport, VT
property for sale

2111 Beebe Rd

Newport, VT
property for sale

69 Missionary Acres

Derby, VT
property for sale

265 Pine St

Newport, VT
See the Newest Homes For Sale In Newport, VT

Cost Of Living Quick Facts

  • The cost of living in Newport is 12% lower than the Vermont average
  • The cost of living in Newport is 5% lower than the national average
  • Newport housing is 28% lower than the national average
  • Vermont general sales tax is 18% higher than the national average
  • Vermont state income tax is 29% higher than the national average

Most Affordable Places to Live in and Around Newport

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Compare Newport, VT Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$95,746$7,979$2,234$2,873
      Renters$39,714$3,310$927$1,192
      The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Newport, VT, as well as what the overall cost of living might be. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payments and not more than 36 percent of income on all expenses and debts. In Newport, homeowners have a median income of $95,746. Using that number, a maximum of $2,234 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $39,714, which means there is a maximum of $927 to be spent on the costs of renting a home or apartment.

      Vermont Sales Tax

      State General Sales Tax With Max Surtax
      Vermont 6% 7%

      Vermont Income Tax

      State Income Tax (Low) Income Tax (High)
      Vermont 3.35% 8.75%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Coventry, VT301055.3%
      Barton, VT609909.6%
      Lowell, VT149927.6%
      Albany, VT182936.8%
      Irasburg, VT108945.9%
      Newport, VT4,379954.7%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Holmes Beach, FL4,37915454.3%
      Orangetree, FL4,37912827.8%
      Indian River Shores, FL4,37817979.1%
      North Plymouth, MA4,37813636.1%
      Meadow Lake, NM4,3788316.8%
      Newport, VT4,379954.7%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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