Cost of Living in ZIP 02840
Newport, RI — Newport County
ZIP code 02840 has a cost of living index of 122 (100 = national average), making it significantly more expensive than the national average. Part of the Providence MSA.
Cost of Living Index
122
vs. National Avg
+22
Median Income
$62,000
Median Home Price
$625,000
Property Tax Rate
1.35%
Population
24,672
County
Newport County
Metro Area
Providence MSA
About ZIP 02840
ZIP code 02840 is located in Newport, RI (Newport County). With a cost of living index of 122, this is one of the more expensive areas in the country. Housing is typically the largest factor, with median home prices at $625,000.
The median household income in this ZIP code is $62,000. This is near the national median household income.
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