Cost of Living: Golden Gate, FL 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 Golden Gate, FL versus $4,167/mo in Newport, RI. In the model, rent is about 23.91% of gross in Golden Gate, FL 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 Golden Gate, FL 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: Golden Gate, FL
- Higher median household income: Newport, RI
Cost of Living Index
Golden Gate, FL: 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
Golden Gate, FL: $1,559/mo (midpoint of 1BR/2BR) · Newport, RI: $1,532/mo
Median rent in Golden Gate, FL is $27/mo higher than in Newport, RI.
Median Home Price
Golden Gate, FL: $365,400 · Newport, RI: $669,500
Median home price in Newport, RI is $304,100 higher than in Golden Gate, FL.
Median Household Income
Golden Gate, FL: $64,767 · Newport, RI: $83,562
Newport, RI has a higher median household income than Golden Gate, FL by $18,795.
Golden Gate, FL overview · Newport, RI overview · Popular comparisons