Cost of Living: Carol Stream, IL vs Newport, RI

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,227/mo in Carol Stream, IL versus $4,167/mo in Newport, RI. In the model, rent is about 21.34% of gross in Carol Stream, IL versus 23.49% in Newport, RI, so Carol Stream, IL tends to feel more affordable for rent.

Take-home in Carol Stream, IL
$4,227/mo
Income level: below
Take-home in Newport, RI
$4,167/mo
Income level: below
Rent share (1BR) in Carol Stream, IL
21.34%
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 Carol Stream, IL and Newport, RI.

At a glance

  • Cheaper overall (lower cost-of-living index): Newport, RI
  • Lower rent (median 1BR/2BR): Carol Stream, IL
  • Lower home prices: Carol Stream, IL
  • Higher median household income: Carol Stream, IL

Cost of Living Index

Carol Stream, IL: 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

Carol Stream, IL: $1,392/mo (midpoint of 1BR/2BR) · Newport, RI: $1,532/mo

Median rent in Newport, RI is $140/mo higher than in Carol Stream, IL.

Median Home Price

Carol Stream, IL: $308,700 · Newport, RI: $669,500

Median home price in Newport, RI is $360,800 higher than in Carol Stream, IL.

Median Household Income

Carol Stream, IL: $105,395 · Newport, RI: $83,562

Carol Stream, IL has a higher median household income than Newport, RI by $21,833.

Carol Stream, IL overview · Newport, RI overview · Popular comparisons