Counties › Rhode Island

Cost of Living in Newport County, RI

Population 84,657 · Census ACS 2020–2024 5-year estimates

Median rent$1,713
Median home value$609,700
Median household income$103,514

The median rent in Newport County, RI is $1,713/month, 28% higher than the Rhode Island median and 21% higher than the U.S. median. The median home value is $609,700, 83% higher than the national median. Households earn a median of $103,514 a year, 18% higher than the state median.

Affordability

Rent as a share of median income: 19.9%
Income needed for median rent (30% rule): $68,520/yr
Home price-to-income ratio: 5.9×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $3,083/mo

Run your own numbers: mortgage calculator · hourly to salary

Newport County vs. Rhode Island vs. U.S.

Newport CountyRhode IslandU.S.
Median rent$1,713$1,342$1,413
Median home value$609,700$404,200$332,700
Median household income$103,514$87,796$80,734
Homeownership rate67.9%63.6%65.2%
Bachelor's degree or higher54.1%37.7%35.7%
Poverty rate8.5%11.2%12.5%
Unemployment rate5.8%5.8%5.2%
Work from home15.7%13.0%15.1%
Median age46.940.638.9

FAQ

What is the average rent in Newport County, RI?

The median gross rent in Newport County, RI is $1,713 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Newport County, RI?

Using the common 30% rule, renting a median-priced home takes about $68,520 a year in gross income.

Is Newport County, RI expensive to live in?

Rent there is 21% higher than the U.S. median, and the median home costs about 5.9 times the median household income.

Other counties in Rhode Island

Providence County, RIRent $1,312 · Income $78,787Kent County, RIRent $1,327 · Income $94,345Washington County, RIRent $1,327 · Income $106,638Bristol County, RIRent $1,528 · Income $114,490

Counties with a similar cost of living

Union County, NJRent $1,730 · Income $103,202Cobb County, GARent $1,730 · Income $102,738Albemarle County, VARent $1,692 · Income $104,392Clackamas County, ORRent $1,758 · Income $103,517Essex County, MARent $1,756 · Income $101,883El Dorado County, CARent $1,715 · Income $108,845

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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