Cost of Living: Charlotte, 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 Charlotte, NC versus $4,167/mo in Newport, RI. In the model, rent is about 21.91% of gross in Charlotte, NC versus 23.49% in Newport, RI, so Charlotte, NC tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Charlotte, NC and Newport, RI.
At a glance
- Cheaper overall (lower cost-of-living index): Charlotte, NC
- Lower rent (median 1BR/2BR): Charlotte, NC
- Lower home prices: Charlotte, NC
- Higher median household income: Newport, RI
Cost of Living Index
Charlotte, NC: 95.6 (U.S. = 100) · Newport, RI: 100 (U.S. = 100)
Charlotte, NC has a lower cost-of-living index than Newport, RI, so a given salary generally stretches further there.
Median Rent
Charlotte, NC: $1,429/mo (midpoint of 1BR/2BR) · Newport, RI: $1,532/mo
Median rent in Newport, RI is $103/mo higher than in Charlotte, NC.
Median Home Price
Charlotte, NC: $351,500 · Newport, RI: $669,500
Median home price in Newport, RI is $318,000 higher than in Charlotte, NC.
Median Household Income
Charlotte, NC: $78,438 · Newport, RI: $83,562
Newport, RI has a higher median household income than Charlotte, NC by $5,124.
Charlotte, NC overview · Newport, RI overview · Popular comparisons