Cost of Living: Cape Coral, FL vs Newport, RI
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,516/mo in Cape Coral, FL versus $4,167/mo in Newport, RI. In the model, rent is about 23.26% of gross in Cape Coral, FL versus 23.49% in Newport, RI, so Cape Coral, FL tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Cape Coral, FL and Newport, RI.
At a glance
- Cheaper overall (lower cost-of-living index): Cape Coral, FL
- Lower rent (median 1BR/2BR): Cape Coral, FL
- Lower home prices: Cape Coral, FL
- Higher median household income: Newport, RI
Cost of Living Index
Cape Coral, FL: 96.2 (U.S. = 100) · Newport, RI: 100 (U.S. = 100)
Cape Coral, FL has a lower cost-of-living index than Newport, RI, so a given salary generally stretches further there.
Median Rent
Cape Coral, FL: $1,517/mo (midpoint of 1BR/2BR) · Newport, RI: $1,532/mo
Median rent in Newport, RI is $15/mo higher than in Cape Coral, FL.
Median Home Price
Cape Coral, FL: $326,300 · Newport, RI: $669,500
Median home price in Newport, RI is $343,200 higher than in Cape Coral, FL.
Median Household Income
Cape Coral, FL: $73,099 · Newport, RI: $83,562
Newport, RI has a higher median household income than Cape Coral, FL by $10,463.
Cape Coral, FL overview · Newport, RI overview · Popular comparisons