Cost of Living: Lake Oswego, OR vs Newport, RI
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,006/mo in Lake Oswego, OR versus $4,167/mo in Newport, RI. In the model, rent is about 29.59% of gross in Lake Oswego, OR 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 Lake Oswego, OR 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: Newport, RI
- Higher median household income: Lake Oswego, OR
Cost of Living Index
Lake Oswego, OR: 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
Lake Oswego, OR: $1,930/mo (midpoint of 1BR/2BR) · Newport, RI: $1,532/mo
Median rent in Lake Oswego, OR is $398/mo higher than in Newport, RI.
Median Home Price
Lake Oswego, OR: $894,000 · Newport, RI: $669,500
Median home price in Lake Oswego, OR is $224,500 higher than in Newport, RI.
Median Household Income
Lake Oswego, OR: $140,441 · Newport, RI: $83,562
Lake Oswego, OR has a higher median household income than Newport, RI by $56,879.
Lake Oswego, OR overview · Newport, RI overview · Popular comparisons