Providence, RI County is a great place to live. With a two bedroom rent $1,410 that is only slightly higher than the US average of $1,430, residents can easily afford comfortable housing. The grocery cost index in Providence is 106 versus 100 in the US, making it an affordable city to purchase food and other necessities. Residents in Providence have access to many interesting activities and attractions such as Roger Williams Park Zoo, Waterfire Providence, and the International Tennis Hall of Fame & Museum. There are also many local companies that offer jobs such as Citizens Bank Rhode Island, Hasbro Inc., and FM Global. This combination of cultural attractions and business opportunities make Providence an ideal place for living.
Providence County has an unemployment rate of 7.7%. The US average is 6.0%.
Providence County has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.
Tax Rates for Providence County
- The Sales Tax Rate for Providence County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Providence County is 3.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Providence County
- The average income of a Providence County resident is $26,690 a year. The US average is $28,555 a year.
- The Median household income of a Providence County resident is $65,797 a year. The US average is $69,021 a year.