Cost of Living: Greenwood, IN vs Newport, RI
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,332/mo in Greenwood, IN versus $4,167/mo in Newport, RI. In the model, rent is about 18.24% of gross in Greenwood, IN versus 23.49% in Newport, RI, so Greenwood, IN tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Greenwood, IN and Newport, RI.
At a glance
- Cheaper overall (lower cost-of-living index): Newport, RI
- Lower rent (median 1BR/2BR): Greenwood, IN
- Lower home prices: Greenwood, IN
- Higher median household income: Newport, RI
Cost of Living Index
Greenwood, IN: 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
Greenwood, IN: $1,190/mo (midpoint of 1BR/2BR) · Newport, RI: $1,532/mo
Median rent in Newport, RI is $342/mo higher than in Greenwood, IN.
Median Home Price
Greenwood, IN: $248,700 · Newport, RI: $669,500
Median home price in Newport, RI is $420,800 higher than in Greenwood, IN.
Median Household Income
Greenwood, IN: $78,765 · Newport, RI: $83,562
Newport, RI has a higher median household income than Greenwood, IN by $4,797.
Greenwood, IN overview · Newport, RI overview · Popular comparisons