Cost of Living: Prosper, TX vs Newport, RI

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,516/mo in Prosper, TX versus $4,167/mo in Newport, RI. In the model, rent is about 31.35% of gross in Prosper, TX versus 23.49% in Newport, RI, so Newport, RI tends to feel more affordable for rent.

Take-home in Prosper, TX
$4,516/mo
Income level: below
Take-home in Newport, RI
$4,167/mo
Income level: below
Rent share (1BR) in Prosper, TX
31.35%
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 Prosper, TX and Newport, RI.

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: Prosper, TX

Cost of Living Index

Prosper, TX: 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

Prosper, TX: $2,045/mo (midpoint of 1BR/2BR) · Newport, RI: $1,532/mo

Median rent in Prosper, TX is $513/mo higher than in Newport, RI.

Median Home Price

Prosper, TX: $694,600 · Newport, RI: $669,500

Median home price in Prosper, TX is $25,100 higher than in Newport, RI.

Median Household Income

Prosper, TX: $187,603 · Newport, RI: $83,562

Prosper, TX has a higher median household income than Newport, RI by $104,041.

Prosper, TX overview · Newport, RI overview · Popular comparisons