Cost of Living: Germantown, TN vs Newport, RI
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,516/mo in Germantown, TN versus $4,167/mo in Newport, RI. In the model, rent is about 25.65% of gross in Germantown, TN 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 Germantown, TN 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: Germantown, TN
- Higher median household income: Germantown, TN
Cost of Living Index
Germantown, TN: 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
Germantown, TN: $1,672/mo (midpoint of 1BR/2BR) · Newport, RI: $1,532/mo
Median rent in Germantown, TN is $140/mo higher than in Newport, RI.
Median Home Price
Germantown, TN: $441,200 · Newport, RI: $669,500
Median home price in Newport, RI is $228,300 higher than in Germantown, TN.
Median Household Income
Germantown, TN: $144,799 · Newport, RI: $83,562
Germantown, TN has a higher median household income than Newport, RI by $61,237.
Germantown, TN overview · Newport, RI overview · Popular comparisons