Cost of Living: Chapel Hill, NC vs Newport, RI
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,254/mo in Chapel Hill, NC versus $4,167/mo in Newport, RI. In the model, rent is about 21.62% of gross in Chapel Hill, NC versus 23.49% in Newport, RI, so Chapel Hill, NC tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Chapel Hill, NC and Newport, RI.
At a glance
- Cheaper overall (lower cost-of-living index): Newport, RI
- Lower rent (median 1BR/2BR): Chapel Hill, NC
- Lower home prices: Chapel Hill, NC
- Higher median household income: Chapel Hill, NC
Cost of Living Index
Chapel Hill, NC: 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
Chapel Hill, NC: $1,409/mo (midpoint of 1BR/2BR) · Newport, RI: $1,532/mo
Median rent in Newport, RI is $123/mo higher than in Chapel Hill, NC.
Median Home Price
Chapel Hill, NC: $576,500 · Newport, RI: $669,500
Median home price in Newport, RI is $93,000 higher than in Chapel Hill, NC.
Median Household Income
Chapel Hill, NC: $85,825 · Newport, RI: $83,562
Chapel Hill, NC has a higher median household income than Newport, RI by $2,263.
Chapel Hill, NC overview · Newport, RI overview · Popular comparisons