Cost of living in Newport
Newport, located in Arkansas, offers a unique blend of small-town charm and modern amenities. Understanding the cost of living in Newport is crucial for anyone considering moving to or living in the area.
This guide provides a detailed breakdown of expenses in Newport, including dining, groceries, transportation, housing, and utilities, to help you plan your budget effectively.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $12 on average, with a range between $10 and $25.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $60, with prices ranging from $60 to $150.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10, with a range between $9 and $12.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $5 to $8, imported beer $6 to $10, cappuccino $3.5 to $8, and Coke/Pepsi $1.89 to $4.
Grocery Prices
- Milk - Milk is priced between $0.76 and $1.14 per liter, averaging $0.95.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.42 and $4.41, with an average price of $1.46.
- Eggs (Dozen) - A dozen eggs range from $1.56 to $6, averaging $1.56.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.18 to $11.02 per kg, while oranges range from $2.18 to $11.02 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.1 and $8.77 per kg, and lettuce costs $1.33 to $2.99 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.72 and $1.04 per liter.
- Taxi Fares - Taxi fares start at $2, with a cost of $1.37 per km and $20 per hour of waiting.
Housing Costs
- Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child - The cost for private preschool is between $850 and $1705 monthly, averaging $1436.67.
- International Primary School, Yearly for 1 Child - The yearly cost for international primary school is $27240.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $178.95 and $350, averaging $226.54.
- Internet - Internet services range from $50 to $266, with an average cost of $69.4.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Newport offers a relatively affordable cost of living compared to larger cities, with reasonable prices for dining and groceries.
Housing and utility costs are moderate, making it a viable option for families and individuals looking for a balanced lifestyle.
Transportation costs are manageable, with affordable fuel prices and taxi fares.
Conclusion
In conclusion, Newport, AR, presents a cost-effective living environment with its affordable dining, grocery, and transportation options.
The city is ideal for those seeking a balance between cost and quality of life, offering a range of amenities without the high expenses of urban centers.