Newport, RI vs Woonsocket, RI

The cost of living difference between Newport, RI and Woonsocket, RI is dramatic. Woonsocket is 52.5% cheaper than Newport, a gap that translates to thousands of dollars per year in household expenses. Newport has a cost index of 139 while Woonsocket sits at 91, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Newport is $1,612/month compared to $1,116/month in Woonsocket — a 44% difference. Home values follow the same pattern: Woonsocket is more affordable at $268,000 median vs $669,500.

Median household income in Newport is $83,562 compared to $58,614 in Woonsocket (+42.6%). The higher salaries in Newport partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Newport spend roughly 23.1% of their income on rent, more than the 22.8% in Woonsocket.

Climate-wise, both cities share similar average temperatures (51.3°F vs 52.1°F). Woonsocket receives more rainfall at 47.5" per year compared to 42.2" in Newport.