Cost of living in Newport
Newport, located in Oregon, United States, is a charming coastal city known for its scenic beauty and vibrant community. Understanding the cost of living in Newport is crucial for both current residents and those considering a move to this picturesque locale.
This guide provides a detailed breakdown of various expenses, including housing, dining, groceries, transportation, and utilities, to help you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $11 on average, with a range between $7 and $30.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $48, with prices ranging from $36 to $150.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10.5, with a range between $6 and $15.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3 to $9, imported beer $5 to $9, cappuccino $3.5 to $13, and Coke/Pepsi $1 to $3.29.
Grocery Prices
- Milk - Milk is priced between $0.76 and $1.32 per liter, averaging $0.97.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $3.31 and $5.51, with an average price of $4.33.
- Eggs (Dozen) - A dozen eggs range from $1.99 to $5.99, averaging $3.45.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.2 to $5.07 per kg, while oranges range from $2.18 to $6.59 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.32 and $2.84 per kg, and lettuce costs $1.5 to $2.29 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.82 and $1.32 per liter.
- Car Purchase (e.g., Volkswagen Golf, Toyota Corolla) - A new Volkswagen Golf costs between $17,000 and $36,656.56, while a Toyota Corolla ranges from $22,000 to $25,000.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $1800.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $2500.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $110 and $280, averaging $148.66.
- Internet - Internet services range from $49.99 to $90, with an average cost of $49.99.
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
Restaurants
Restaurants
Markets
Markets
Transportation
Transportation
Rent Per Month
Rent Per Month
Utilities (Monthly)
Utilities (Monthly)
Sports And Leisure
Sports And Leisure
Clothing And Shoes
Clothing And Shoes
Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Newport offers a moderate cost of living with affordable dining options and reasonable grocery prices.
Housing costs in the city centre are relatively high, particularly for larger apartments.
Transportation costs are manageable, with competitive fuel prices and a range of car purchase options.
Conclusion
In conclusion, Newport, OR, presents a balanced cost of living that caters to a variety of lifestyles. While housing in the city centre can be pricey, the overall expenses for dining, groceries, and transportation remain within a reasonable range.
Prospective residents should consider their housing needs and budget accordingly, while enjoying the city's natural beauty and community amenities.