Cost of Living: Newport, RI vs New York, NY
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 $4,116/mo in New York, NY. In the model, rent is about 23.49% of gross in Newport, RI versus 25.92% in New York, NY, so Newport, RI tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Newport, RI and New York, NY.
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: Newport, RI
Cost of Living Index
Newport, RI: 100 (U.S. = 100) · New York, NY: 168.2 (U.S. = 100)
Newport, RI has a lower cost-of-living index than New York, NY, so a given salary generally stretches further there.
Median Rent
Newport, RI: $1,532/mo (midpoint of 1BR/2BR) · New York, NY: $1,690/mo
Median rent in New York, NY is $158/mo higher than in Newport, RI.
Median Home Price
Newport, RI: $669,500 · New York, NY: $751,700
Median home price in New York, NY is $82,200 higher than in Newport, RI.
Median Household Income
Newport, RI: $83,562 · New York, NY: $79,713
Newport, RI has a higher median household income than New York, NY by $3,849.
Newport, RI overview · New York, NY overview · Popular comparisons