Cost of Living: Springfield, MO 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 Springfield, MO versus $4,167/mo in Newport, RI. In the model, rent is about 13.41% of gross in Springfield, MO versus 23.49% in Newport, RI, so Springfield, MO tends to feel more affordable for rent.

Take-home in Springfield, MO
$4,227/mo
Income level: above
Take-home in Newport, RI
$4,167/mo
Income level: below
Rent share (1BR) in Springfield, MO
13.41%
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 Springfield, MO and Newport, RI.

At a glance

  • Cheaper overall (lower cost-of-living index): Newport, RI
  • Lower rent (median 1BR/2BR): Springfield, MO
  • Lower home prices: Springfield, MO
  • Higher median household income: Newport, RI

Cost of Living Index

Springfield, MO: 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

Springfield, MO: $874/mo (midpoint of 1BR/2BR) · Newport, RI: $1,532/mo

Median rent in Newport, RI is $658/mo higher than in Springfield, MO.

Median Home Price

Springfield, MO: $165,200 · Newport, RI: $669,500

Median home price in Newport, RI is $504,300 higher than in Springfield, MO.

Median Household Income

Springfield, MO: $45,984 · Newport, RI: $83,562

Newport, RI has a higher median household income than Springfield, MO by $37,578.

Springfield, MO overview · Newport, RI overview · Popular comparisons