Cost of Living: Waltham, MA vs Newport, RI

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,224/mo in Waltham, MA versus $4,167/mo in Newport, RI. In the model, rent is about 32.52% of gross in Waltham, MA versus 23.49% in Newport, RI, so Newport, RI tends to feel more affordable for rent.

Take-home in Waltham, MA
$4,224/mo
Income level: below
Take-home in Newport, RI
$4,167/mo
Income level: below
Rent share (1BR) in Waltham, MA
32.52%
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 Waltham, MA 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: Waltham, MA

Cost of Living Index

Waltham, MA: 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

Waltham, MA: $2,121/mo (midpoint of 1BR/2BR) · Newport, RI: $1,532/mo

Median rent in Waltham, MA is $589/mo higher than in Newport, RI.

Median Home Price

Waltham, MA: $705,700 · Newport, RI: $669,500

Median home price in Waltham, MA is $36,200 higher than in Newport, RI.

Median Household Income

Waltham, MA: $116,560 · Newport, RI: $83,562

Waltham, MA has a higher median household income than Newport, RI by $32,998.

Waltham, MA overview · Newport, RI overview · Popular comparisons