Cost of Living: Woonsocket, 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 Woonsocket, RI versus $4,167/mo in Newport, RI. In the model, rent is about 16.27% of gross in Woonsocket, RI versus 23.49% in Newport, RI, so Woonsocket, RI tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Woonsocket, RI and Newport, RI.
At a glance
- Cheaper overall (lower cost-of-living index): Newport, RI
- Lower rent (median 1BR/2BR): Woonsocket, RI
- Lower home prices: Woonsocket, RI
- Higher median household income: Newport, RI
Cost of Living Index
Woonsocket, 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
Woonsocket, RI: $1,061/mo (midpoint of 1BR/2BR) · Newport, RI: $1,532/mo
Median rent in Newport, RI is $471/mo higher than in Woonsocket, RI.
Median Home Price
Woonsocket, RI: $268,000 · Newport, RI: $669,500
Median home price in Newport, RI is $401,500 higher than in Woonsocket, RI.
Median Household Income
Woonsocket, RI: $58,614 · Newport, RI: $83,562
Newport, RI has a higher median household income than Woonsocket, RI by $24,948.
Woonsocket, RI overview · Newport, RI overview · Popular comparisons