Cost of Living: Sherman, TX vs Newport, RI
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,516/mo in Sherman, TX versus $4,167/mo in Newport, RI. In the model, rent is about 17.14% of gross in Sherman, TX versus 23.49% in Newport, RI, so Sherman, TX tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Sherman, TX and Newport, RI.
At a glance
- Cheaper overall (lower cost-of-living index): Newport, RI
- Lower rent (median 1BR/2BR): Sherman, TX
- Lower home prices: Sherman, TX
- Higher median household income: Newport, RI
Cost of Living Index
Sherman, TX: 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
Sherman, TX: $1,118/mo (midpoint of 1BR/2BR) · Newport, RI: $1,532/mo
Median rent in Newport, RI is $414/mo higher than in Sherman, TX.
Median Home Price
Sherman, TX: $219,300 · Newport, RI: $669,500
Median home price in Newport, RI is $450,200 higher than in Sherman, TX.
Median Household Income
Sherman, TX: $60,935 · Newport, RI: $83,562
Newport, RI has a higher median household income than Sherman, TX by $22,627.
Sherman, TX overview · Newport, RI overview · Popular comparisons