Cost of Living: Folsom, CA vs Newport, RI
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $3,974/mo in Folsom, CA versus $4,167/mo in Newport, RI. In the model, rent is about 33.21% of gross in Folsom, CA 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 Folsom, CA 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: Newport, RI
- Higher median household income: Folsom, CA
Cost of Living Index
Folsom, CA: 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
Folsom, CA: $2,165/mo (midpoint of 1BR/2BR) · Newport, RI: $1,532/mo
Median rent in Folsom, CA is $633/mo higher than in Newport, RI.
Median Home Price
Folsom, CA: $702,200 · Newport, RI: $669,500
Median home price in Folsom, CA is $32,700 higher than in Newport, RI.
Median Household Income
Folsom, CA: $139,263 · Newport, RI: $83,562
Folsom, CA has a higher median household income than Newport, RI by $55,701.
Folsom, CA overview · Newport, RI overview · Popular comparisons