Cost of Living: Newport, RI vs Cranston, RI
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,167/mo in Newport, RI versus $4,167/mo in Cranston, RI. In the model, rent is about 23.49% of gross in Newport, RI versus 19.41% in Cranston, RI, so Cranston, RI tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Newport, RI and Cranston, RI.
At a glance
- Cheaper overall (lower cost-of-living index): Cranston, RI
- Lower rent (median 1BR/2BR): Cranston, RI
- Lower home prices: Cranston, RI
- Higher median household income: Cranston, RI
Cost of Living Index
Newport, RI: 100 (U.S. = 100) · Cranston, RI: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Newport, RI: $1,532/mo (midpoint of 1BR/2BR) · Cranston, RI: $1,266/mo
Median rent in Newport, RI is $266/mo higher than in Cranston, RI.
Median Home Price
Newport, RI: $669,500 · Cranston, RI: $348,800
Median home price in Newport, RI is $320,700 higher than in Cranston, RI.
Median Household Income
Newport, RI: $83,562 · Cranston, RI: $87,716
Cranston, RI has a higher median household income than Newport, RI by $4,154.
Newport, RI overview · Cranston, RI overview · Popular comparisons