Cost of Living: Laramie, WY 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 Laramie, WY versus $4,167/mo in Newport, RI. In the model, rent is about 13.59% of gross in Laramie, WY versus 23.49% in Newport, RI, so Laramie, WY tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Laramie, WY and Newport, RI.
At a glance
- Cheaper overall (lower cost-of-living index): Newport, RI
- Lower rent (median 1BR/2BR): Laramie, WY
- Lower home prices: Laramie, WY
- Higher median household income: Newport, RI
Cost of Living Index
Laramie, WY: 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
Laramie, WY: $887/mo (midpoint of 1BR/2BR) · Newport, RI: $1,532/mo
Median rent in Newport, RI is $645/mo higher than in Laramie, WY.
Median Home Price
Laramie, WY: $302,200 · Newport, RI: $669,500
Median home price in Newport, RI is $367,300 higher than in Laramie, WY.
Median Household Income
Laramie, WY: $52,414 · Newport, RI: $83,562
Newport, RI has a higher median household income than Laramie, WY by $31,148.
Laramie, WY overview · Newport, RI overview · Popular comparisons