Cost of Living: Gaithersburg, 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 Gaithersburg, MD versus $4,167/mo in Newport, RI. In the model, rent is about 29.26% of gross in Gaithersburg, 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 Gaithersburg, 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: Gaithersburg, MD
- Higher median household income: Gaithersburg, MD
Cost of Living Index
Gaithersburg, 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
Gaithersburg, MD: $1,908/mo (midpoint of 1BR/2BR) · Newport, RI: $1,532/mo
Median rent in Gaithersburg, MD is $376/mo higher than in Newport, RI.
Median Home Price
Gaithersburg, MD: $484,500 · Newport, RI: $669,500
Median home price in Newport, RI is $185,000 higher than in Gaithersburg, MD.
Median Household Income
Gaithersburg, MD: $107,496 · Newport, RI: $83,562
Gaithersburg, MD has a higher median household income than Newport, RI by $23,934.
Gaithersburg, MD overview · Newport, RI overview · Popular comparisons