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Newport, RI

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
135
Very Expensive
Median Home Value
$669,500
National: $426,735
Median Rent
$1,612/mo
National: $1,527/mo
Household Income
$83,562
National: $84,532
Population
25,029
Purchasing Power
73
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
157 / 100
100 = national average
Rent Index
106 / 100
Overall Index
135
Very Expensive

Newport Mortgage Calculator

Pre-filled with the local median home value of $669,500 and Rhode Island's property tax rate of 1.53%.

Salary & Purchasing Power

Median household income is $83,562 1% below the national average.

What $83,562 in Newport Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$93,466+12%
Los Angeles, CA$105,226+26%
Chicago, IL$50,137-40%
Houston, TX$43,947-47%

Property Tax in Newport, RI

Est. Annual Property Tax
$10,243
Monthly Impact
$854
Added to your mortgage
Effective Rate
1.53%
National avg: ~1.00%

Rhode Island Tax Overview

Tax TypeRhode IslandNational Avg
Property Tax Rate1.53%1.00%
Top Income Tax Rate5.99%~5.0%
State Sales Tax7%~5.0%

Compare Newport to Another City

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Cost of Living Comparison

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Newport, RI
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Newport, RI: 157
Rent Prices
106
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR