Cost of Living: Waterloo, IA vs Newport, RI
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,184/mo in Waterloo, IA versus $4,167/mo in Newport, RI. In the model, rent is about 13.06% of gross in Waterloo, IA versus 23.49% in Newport, RI, so Waterloo, IA tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Waterloo, IA and Newport, RI.
At a glance
- Cheaper overall (lower cost-of-living index): Newport, RI
- Lower rent (median 1BR/2BR): Waterloo, IA
- Lower home prices: Waterloo, IA
- Higher median household income: Newport, RI
Cost of Living Index
Waterloo, IA: 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
Waterloo, IA: $852/mo (midpoint of 1BR/2BR) · Newport, RI: $1,532/mo
Median rent in Newport, RI is $680/mo higher than in Waterloo, IA.
Median Home Price
Waterloo, IA: $150,200 · Newport, RI: $669,500
Median home price in Newport, RI is $519,300 higher than in Waterloo, IA.
Median Household Income
Waterloo, IA: $56,344 · Newport, RI: $83,562
Newport, RI has a higher median household income than Waterloo, IA by $27,218.
Waterloo, IA overview · Newport, RI overview · Popular comparisons