Cost of Living: Mooresville, 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 Mooresville, NC versus $4,167/mo in Newport, RI. In the model, rent is about 21.93% of gross in Mooresville, NC versus 23.49% in Newport, RI, so Mooresville, NC tends to feel more affordable for rent.

Take-home in Mooresville, NC
$4,254/mo
Income level: below
Take-home in Newport, RI
$4,167/mo
Income level: below
Rent share (1BR) in Mooresville, NC
21.93%
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 Mooresville, NC and Newport, RI.

At a glance

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

Cost of Living Index

Mooresville, 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

Mooresville, NC: $1,430/mo (midpoint of 1BR/2BR) · Newport, RI: $1,532/mo

Median rent in Newport, RI is $102/mo higher than in Mooresville, NC.

Median Home Price

Mooresville, NC: $348,500 · Newport, RI: $669,500

Median home price in Newport, RI is $321,000 higher than in Mooresville, NC.

Median Household Income

Mooresville, NC: $88,592 · Newport, RI: $83,562

Mooresville, NC has a higher median household income than Newport, RI by $5,030.

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