Cost of Living: Park Ridge, IL vs Newport, RI
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,227/mo in Park Ridge, IL versus $4,167/mo in Newport, RI. In the model, rent is about 22.01% of gross in Park Ridge, IL versus 23.49% in Newport, RI, so Park Ridge, IL tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Park Ridge, IL and Newport, RI.
At a glance
- Cheaper overall (lower cost-of-living index): Newport, RI
- Lower rent (median 1BR/2BR): Park Ridge, IL
- Lower home prices: Park Ridge, IL
- Higher median household income: Park Ridge, IL
Cost of Living Index
Park Ridge, IL: 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
Park Ridge, IL: $1,436/mo (midpoint of 1BR/2BR) · Newport, RI: $1,532/mo
Median rent in Newport, RI is $96/mo higher than in Park Ridge, IL.
Median Home Price
Park Ridge, IL: $539,300 · Newport, RI: $669,500
Median home price in Newport, RI is $130,200 higher than in Park Ridge, IL.
Median Household Income
Park Ridge, IL: $138,059 · Newport, RI: $83,562
Park Ridge, IL has a higher median household income than Newport, RI by $54,497.
Park Ridge, IL overview · Newport, RI overview · Popular comparisons