Cost of Living: Roswell, NM vs Newport, RI
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,230/mo in Roswell, NM versus $4,167/mo in Newport, RI. In the model, rent is about 12.24% of gross in Roswell, NM versus 23.49% in Newport, RI, so Roswell, NM tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Roswell, NM and Newport, RI.
At a glance
- Cheaper overall (lower cost-of-living index): Newport, RI
- Lower rent (median 1BR/2BR): Roswell, NM
- Lower home prices: Roswell, NM
- Higher median household income: Newport, RI
Cost of Living Index
Roswell, NM: 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
Roswell, NM: $798/mo (midpoint of 1BR/2BR) · Newport, RI: $1,532/mo
Median rent in Newport, RI is $734/mo higher than in Roswell, NM.
Median Home Price
Roswell, NM: $139,200 · Newport, RI: $669,500
Median home price in Newport, RI is $530,300 higher than in Roswell, NM.
Median Household Income
Roswell, NM: $50,294 · Newport, RI: $83,562
Newport, RI has a higher median household income than Roswell, NM by $33,268.
Roswell, NM overview · Newport, RI overview · Popular comparisons