Town14,150 people

Newport, KY

Discover how far your salary goes in Newport. Compare taxes, rent, and living costs.

Cost Index
84
💚 Very Affordable
Population

14,150

State Tax

4.5%

1BR Rent

$945

/month

vs National

-32%

below avg

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Rent Prices in Newport

🏠

Studio

$756

/month

$9,072/year

Most Common
🛏️

1 Bedroom

$945

/month

$11,340/year

🏡

2 Bedroom

$1,276

/month

$15,312/year

🏘️

3 Bedroom

$1,654

/month

$19,848/year

Taxes in Kentucky

State Income Tax

Kentucky

4.5%

For a $100k salary, that's ~$4,500/year in state taxes.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Newport, KY?

Newport has a cost of living index of 84, which is 16% below the national average. A 1-bedroom apartment costs around $945/month.

What is the state income tax in Kentucky?

Kentucky has a state income tax rate of approximately 4.5%. This is in addition to federal income tax.

How much is rent in Newport?

The median rent for a 1-bedroom apartment in Newport is $945/month. For a 2-bedroom, expect to pay around $1,276/month. This is 32% below the national average.

Is Newport a good place to live?

Newport is a town with a population of 14,150. The cost of living is very affordable, making it more affordable than average for the US.

See the complete picture for Newport

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