Cost of Living: College Park, MD vs Newport, RI
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,224/mo in College Park, MD versus $4,167/mo in Newport, RI. In the model, rent is about 26.9% of gross in College Park, MD versus 23.49% in Newport, RI, so Newport, RI tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between College Park, MD and Newport, RI.
At a glance
- Cheaper overall (lower cost-of-living index): Newport, RI
- Lower rent (median 1BR/2BR): Newport, RI
- Lower home prices: College Park, MD
- Higher median household income: Newport, RI
Cost of Living Index
College Park, MD: 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
College Park, MD: $1,754/mo (midpoint of 1BR/2BR) · Newport, RI: $1,532/mo
Median rent in College Park, MD is $222/mo higher than in Newport, RI.
Median Home Price
College Park, MD: $429,000 · Newport, RI: $669,500
Median home price in Newport, RI is $240,500 higher than in College Park, MD.
Median Household Income
College Park, MD: $74,867 · Newport, RI: $83,562
Newport, RI has a higher median household income than College Park, MD by $8,695.
College Park, MD overview · Newport, RI overview · Popular comparisons