Cost of Living: Cave Spring, VA vs Newport, RI

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,181/mo in Cave Spring, VA versus $4,167/mo in Newport, RI. In the model, rent is about 17.83% of gross in Cave Spring, VA versus 23.49% in Newport, RI, so Cave Spring, VA tends to feel more affordable for rent.

Take-home in Cave Spring, VA
$4,181/mo
Income level: below
Take-home in Newport, RI
$4,167/mo
Income level: below
Rent share (1BR) in Cave Spring, VA
17.83%
COLI tier: mid-range
Rent share (1BR) in Newport, RI
23.49%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Cave Spring, VA and Newport, RI.

At a glance

  • Cheaper overall (lower cost-of-living index): Newport, RI
  • Lower rent (median 1BR/2BR): Cave Spring, VA
  • Lower home prices: Cave Spring, VA
  • Higher median household income: Cave Spring, VA

Cost of Living Index

Cave Spring, VA: 100 (U.S. = 100) · Newport, RI: 100 (U.S. = 100)

Both cities have the same cost-of-living index (U.S. average = 100).

Median Rent

Cave Spring, VA: $1,163/mo (midpoint of 1BR/2BR) · Newport, RI: $1,532/mo

Median rent in Newport, RI is $369/mo higher than in Cave Spring, VA.

Median Home Price

Cave Spring, VA: $296,700 · Newport, RI: $669,500

Median home price in Newport, RI is $372,800 higher than in Cave Spring, VA.

Median Household Income

Cave Spring, VA: $85,314 · Newport, RI: $83,562

Cave Spring, VA has a higher median household income than Newport, RI by $1,752.

Cave Spring, VA overview · Newport, RI overview · Popular comparisons