Cost of Living: Warwick, RI vs Newport, RI
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,167/mo in Warwick, RI versus $4,167/mo in Newport, RI. In the model, rent is about 18.93% of gross in Warwick, RI versus 23.49% in Newport, RI, so Warwick, RI tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Warwick, RI and Newport, RI.
At a glance
- Cheaper overall (lower cost-of-living index): Newport, RI
- Lower rent (median 1BR/2BR): Warwick, RI
- Lower home prices: Warwick, RI
- Higher median household income: Warwick, RI
Cost of Living Index
Warwick, RI: 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
Warwick, RI: $1,234/mo (midpoint of 1BR/2BR) · Newport, RI: $1,532/mo
Median rent in Newport, RI is $298/mo higher than in Warwick, RI.
Median Home Price
Warwick, RI: $322,000 · Newport, RI: $669,500
Median home price in Newport, RI is $347,500 higher than in Warwick, RI.
Median Household Income
Warwick, RI: $87,536 · Newport, RI: $83,562
Warwick, RI has a higher median household income than Newport, RI by $3,974.
Warwick, RI overview · Newport, RI overview · Popular comparisons