Cost of Living: Franklin Town, MA vs Newport, RI
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,224/mo in Franklin Town, MA versus $4,167/mo in Newport, RI. In the model, rent is about 27.05% of gross in Franklin Town, MA versus 23.49% in Newport, RI, so Newport, RI tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Franklin Town, MA and Newport, RI.
At a glance
- Cheaper overall (lower cost-of-living index): Newport, RI
- Lower rent (median 1BR/2BR): Newport, RI
- Lower home prices: Franklin Town, MA
- Higher median household income: Franklin Town, MA
Cost of Living Index
Franklin Town, MA: 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
Franklin Town, MA: $1,764/mo (midpoint of 1BR/2BR) · Newport, RI: $1,532/mo
Median rent in Franklin Town, MA is $232/mo higher than in Newport, RI.
Median Home Price
Franklin Town, MA: $567,100 · Newport, RI: $669,500
Median home price in Newport, RI is $102,400 higher than in Franklin Town, MA.
Median Household Income
Franklin Town, MA: $142,788 · Newport, RI: $83,562
Franklin Town, MA has a higher median household income than Newport, RI by $59,226.
Franklin Town, MA overview · Newport, RI overview · Popular comparisons