Newport East, RI Cost Of Living
Cost Of Living In Newport East, RI Summary
Cost of living in Newport East research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Newport East is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Rhode Island, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Newport East is 128, with 100 being the average.
The cost of living index in Newport East is 1.3x higher than the national average.
Newport East ranks as the #13 cheapest in Rhode Island out of 15.
Newport East ranks as the #4,889 cheapest out of 6,489 in the US.
The median home value in Newport East is $637,143.
The median income in Newport East is $86,310.
Table Of Contents
Newport East's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Newport East, RI?
According to the most recent data on the cost of living, Newport East has an overall cost of living index of 128, which is 1.3x higher than the national index of 100.
Compared to Rhode Island, Newport East has a cost of living index that's 1.2x higher than Rhode Island's index of 111.
The standard of living in Newport East ranks as #13 most affordable out of the 15 places we measured in Rhode Island. By definition, that implies Newport East ranks as the #2 most expensive place in the Ocean State.
For more reading on life in Newport East, check out:
In Rhode Island
In America
Newport East Cost Of Living Vs. Rhode Island
Six factors go into calculating the cost of living index in Newport East. Here is how it fairs on each of the criteria:
The Services index in Newport East is 115.
The Groceries index in Newport East is 101.
The Health index in Newport East is 110.
The Housing index in Newport East is 176.
The Transportation index in Newport East is 95.
The Utilities index in Newport East is 114.
| Living Expense | Newport East | Rhode Island | National Average | |
|---|---|---|---|---|
| Overall | 128 | 111 | 100 | |
| Services | 115 | 113 | 100 | |
| Groceries | 101 | 100 | 100 | |
| Health | 110 | 110 | 100 | |
| Housing | 176 | 121 | 100 | |
| Transportation | 95 | 91 | 100 | |
| Utilities | 114 | 114 | 100 | |
Newport East, RI Housing Cost Breakdown
Housing swings affordability the most between places in Rhode Island, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Newport East is $637,143.
The Median Rent in Newport East is $1,784.
The Median Income in Newport East is $86,310.
The Home Value To Income in Newport East is 7.4x.
The Rent To Monthly Income in Newport East is 0.25x.
| Statistic | Newport East | Rhode Island | United States |
|---|---|---|---|
| Median Home Value | $637,143 | $490,356 | $303,400 |
| Median Rent | $1,784 | $1,273 | $1,348 |
| Median Income | $86,310 | $86,372 | $78,538 |
| Home Value To Income | 7.4x | 5.7x | 3.9x |
| Rent To Monthly Income | 0.25x | 0.18x | 0.21x |
Median Home Value
Median Rent
Median Income
Newport East, RI Costs By Category
Detailed Newport East Services Costs Vs. Rhode Island
| Item | Newport East | Rhode Island |
|---|---|---|
| Shampoo | $1.43 | $1.28 |
| Movie | $14.37 | $12.13 |
| Bowling | $22.72 | $18 |
| Haircut | $31.5 | $24.26 |
| Beauty Salon | $49.92 | $45.56 |
Detailed Newport East Groceries Costs Vs. Rhode Island
| Item | Newport East | Rhode Island |
|---|---|---|
| Ground Beef | $5.85 | $5.84 |
| Fried Chicken | $1.43 | $1.57 |
| Milk | $4.74 | $4.67 |
| Potatoes | $5.0 | $4.93 |
| Pizza | $11.59 | $12.09 |
| Beer | $10.74 | $10.41 |
| Toothpaste | $3.46 | $3.7 |
Detailed Newport East Health Costs Vs. Rhode Island
| Item | Newport East | Rhode Island |
|---|---|---|
| Optometrist | $104.45 | $125.68 |
| Doctor | $169.83 | $135.78 |
| Dentist | $130.28 | $113.29 |
Detailed Newport East Transportation Costs Vs. Rhode Island
| Item | Newport East | Rhode Island |
|---|---|---|
| Gasoline | $3.38 | $3.46 |
| Tire Balancing | $48.2 | $59.92 |
Detailed Newport East Utilities Costs Vs. Rhode Island
| Item | Newport East | Rhode Island |
|---|---|---|
| All Electricity | $230.62 | $193.99 |
| Phone | $195.18 | $192.25 |
Newport East SnackAbility
/10
Cost Of Living In Cities Around Newport East
The cost of living varies in the cities and towns around Newport East. Here's a quick look at the cost of living in the most populous nearby places:
Warwick, RI has a cost of living index of 114, 0.9x Newport East.
East Providence, RI has a cost of living index of 110, 0.9x Newport East.
Newport, RI has a cost of living index of 143, 1.1x Newport East.
| City | Population | Cost Of Living | Vs. Newport East |
|---|---|---|---|
| Warwick, RI | 82,871 | 114 | 0.9x |
| East Providence, RI | 46,970 | 110 | 0.9x |
| Newport, RI | 25,029 | 143 | 1.1x |
| Somerset, MA | 18,246 | 120 | 0.9x |
| Tiverton, RI | 8,151 | 117 | 0.9x |
| Kingston, RI | 6,953 | 134 | 1.0x |
| Bliss Corner, MA | 5,666 | 122 | 1.0x |
