Cost of Living: Owensboro, KY 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 Owensboro, KY versus $4,167/mo in Newport, RI. In the model, rent is about 13.11% of gross in Owensboro, KY versus 23.49% in Newport, RI, so Owensboro, KY tends to feel more affordable for rent.

Take-home in Owensboro, KY

$4,254/mo

Income level: above

Take-home in Newport, RI

$4,167/mo

Income level: below

Rent share (1BR) in Owensboro, KY

13.11%

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 Owensboro, KY and Newport, RI.

At a glance

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

Cost of Living Index

Owensboro, KY: 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

Owensboro, KY: $855/mo (midpoint of 1BR/2BR) · Newport, RI: $1,532/mo

Median rent in Newport, RI is $677/mo higher than in Owensboro, KY.

Median Home Price

Owensboro, KY: $162,900 · Newport, RI: $669,500

Median home price in Newport, RI is $506,600 higher than in Owensboro, KY.

Median Household Income

Owensboro, KY: $53,295 · Newport, RI: $83,562

Newport, RI has a higher median household income than Owensboro, KY by $30,267.

Owensboro, KY overview · Newport, RI overview · Popular comparisons