Cost of Living: Shoreview, MN vs Newport, RI
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,119/mo in Shoreview, MN versus $4,167/mo in Newport, RI. In the model, rent is about 21.89% of gross in Shoreview, MN versus 23.49% in Newport, RI, so Shoreview, MN tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Shoreview, MN and Newport, RI.
At a glance
- Cheaper overall (lower cost-of-living index): Newport, RI
- Lower rent (median 1BR/2BR): Shoreview, MN
- Lower home prices: Shoreview, MN
- Higher median household income: Shoreview, MN
Cost of Living Index
Shoreview, MN: 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
Shoreview, MN: $1,427/mo (midpoint of 1BR/2BR) · Newport, RI: $1,532/mo
Median rent in Newport, RI is $105/mo higher than in Shoreview, MN.
Median Home Price
Shoreview, MN: $365,100 · Newport, RI: $669,500
Median home price in Newport, RI is $304,400 higher than in Shoreview, MN.
Median Household Income
Shoreview, MN: $109,399 · Newport, RI: $83,562
Shoreview, MN has a higher median household income than Newport, RI by $25,837.
Shoreview, MN overview · Newport, RI overview · Popular comparisons