Cost of Living: Waterbury, CT vs Newport, RI
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,108/mo in Waterbury, CT versus $4,167/mo in Newport, RI. In the model, rent is about 17.19% of gross in Waterbury, CT versus 23.49% in Newport, RI, so Waterbury, CT tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Waterbury, CT and Newport, RI.
At a glance
- Cheaper overall (lower cost-of-living index): Newport, RI
- Lower rent (median 1BR/2BR): Waterbury, CT
- Lower home prices: Waterbury, CT
- Higher median household income: Newport, RI
Cost of Living Index
Waterbury, CT: 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
Waterbury, CT: $1,121/mo (midpoint of 1BR/2BR) · Newport, RI: $1,532/mo
Median rent in Newport, RI is $411/mo higher than in Waterbury, CT.
Median Home Price
Waterbury, CT: $185,400 · Newport, RI: $669,500
Median home price in Newport, RI is $484,100 higher than in Waterbury, CT.
Median Household Income
Waterbury, CT: $51,642 · Newport, RI: $83,562
Newport, RI has a higher median household income than Waterbury, CT by $31,920.
Waterbury, CT overview · Newport, RI overview · Popular comparisons