Cost of Living: Hobart, IN vs Newport, RI
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,332/mo in Hobart, IN versus $4,167/mo in Newport, RI. In the model, rent is about 17.11% of gross in Hobart, IN versus 23.49% in Newport, RI, so Hobart, IN tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Hobart, IN and Newport, RI.
At a glance
- Cheaper overall (lower cost-of-living index): Newport, RI
- Lower rent (median 1BR/2BR): Hobart, IN
- Lower home prices: Hobart, IN
- Higher median household income: Newport, RI
Cost of Living Index
Hobart, IN: 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
Hobart, IN: $1,116/mo (midpoint of 1BR/2BR) · Newport, RI: $1,532/mo
Median rent in Newport, RI is $416/mo higher than in Hobart, IN.
Median Home Price
Hobart, IN: $203,400 · Newport, RI: $669,500
Median home price in Newport, RI is $466,100 higher than in Hobart, IN.
Median Household Income
Hobart, IN: $71,680 · Newport, RI: $83,562
Newport, RI has a higher median household income than Hobart, IN by $11,882.
Hobart, IN overview · Newport, RI overview · Popular comparisons