Cost of Living: Essex, 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 Essex, MD versus $4,167/mo in Newport, RI. In the model, rent is about 19.05% of gross in Essex, MD versus 23.49% in Newport, RI, so Essex, MD tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Essex, MD and Newport, RI.
At a glance
- Cheaper overall (lower cost-of-living index): Newport, RI
- Lower rent (median 1BR/2BR): Essex, MD
- Lower home prices: Essex, MD
- Higher median household income: Newport, RI
Cost of Living Index
Essex, 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
Essex, MD: $1,242/mo (midpoint of 1BR/2BR) · Newport, RI: $1,532/mo
Median rent in Newport, RI is $290/mo higher than in Essex, MD.
Median Home Price
Essex, MD: $253,500 · Newport, RI: $669,500
Median home price in Newport, RI is $416,000 higher than in Essex, MD.
Median Household Income
Essex, MD: $67,082 · Newport, RI: $83,562
Newport, RI has a higher median household income than Essex, MD by $16,480.
Essex, MD overview · Newport, RI overview · Popular comparisons