Gouldtown, NJ vs Newport, NJ

Gouldtown is moderately more affordable than Newport, with a 12.1% lower cost of living index. Gouldtown scores 86 compared to 97 for Newport, where the US average is 100. This difference means residents of Newport can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Gouldtown is $1,252/month compared to $1,594/month in Newport — a 22% difference. Home values follow the same pattern: Gouldtown is more affordable at $179,800 median vs $197,500.

Median household income in Gouldtown is $53,281 compared to $64,327 in Newport (-17.2%). While Newport is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Gouldtown spend roughly 28.2% of their income on rent, less than the 29.7% in Newport.