Cost of Living: Santa Monica, CA vs Newport, RI
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $3,974/mo in Santa Monica, CA versus $4,167/mo in Newport, RI. In the model, rent is about 34.06% of gross in Santa Monica, CA versus 23.49% in Newport, RI, so Newport, RI tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Santa Monica, CA 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: Santa Monica, CA
Cost of Living Index
Santa Monica, CA: 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
Santa Monica, CA: $2,221/mo (midpoint of 1BR/2BR) · Newport, RI: $1,532/mo
Median rent in Santa Monica, CA is $689/mo higher than in Newport, RI.
Median Home Price
Santa Monica, CA: $1,810,200 · Newport, RI: $669,500
Median home price in Santa Monica, CA is $1,140,700 higher than in Newport, RI.
Median Household Income
Santa Monica, CA: $109,739 · Newport, RI: $83,562
Santa Monica, CA has a higher median household income than Newport, RI by $26,177.
Santa Monica, CA overview · Newport, RI overview · Popular comparisons