Cost of Living: Hickory, NC vs Newport, RI

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,254/mo in Hickory, NC versus $4,167/mo in Newport, RI. In the model, rent is about 14.21% of gross in Hickory, NC versus 23.49% in Newport, RI, so Hickory, NC tends to feel more affordable for rent.

Take-home in Hickory, NC
$4,254/mo
Income level: near
Take-home in Newport, RI
$4,167/mo
Income level: below
Rent share (1BR) in Hickory, NC
14.21%
COLI tier: mid-range
Rent share (1BR) in Newport, RI
23.49%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Hickory, NC and Newport, RI.

At a glance

  • Cheaper overall (lower cost-of-living index): Newport, RI
  • Lower rent (median 1BR/2BR): Hickory, NC
  • Lower home prices: Hickory, NC
  • Higher median household income: Newport, RI

Cost of Living Index

Hickory, NC: 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

Hickory, NC: $927/mo (midpoint of 1BR/2BR) · Newport, RI: $1,532/mo

Median rent in Newport, RI is $605/mo higher than in Hickory, NC.

Median Home Price

Hickory, NC: $248,300 · Newport, RI: $669,500

Median home price in Newport, RI is $421,200 higher than in Hickory, NC.

Median Household Income

Hickory, NC: $63,361 · Newport, RI: $83,562

Newport, RI has a higher median household income than Hickory, NC by $20,201.

Hickory, NC overview · Newport, RI overview · Popular comparisons