Providence-Warwick Metro Area, RI Cost of Living

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United States / Rhode Island / Providence-Warwick Metro Area / Counties / Cities / Zip Codes

Providence-Warwick cost of living score
More expensive
14.0% higher
than the US average
1.3% higher
than the Rhode Island average
Providence-Warwick Rhode Isl Metro Area, Rhode Island gets a BestPlaces Cost of Living score of 114, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 14.0% higher than the U.S. average and 1.3% lower than the average for Rhode Island.

Providence-Warwick Metro Area, RI

Housing costs in Providence-Warwick?
A typical home costs $430,100, which is 27.2% more expensive than the national average of $338,100 and 7.2% more expensive than the average Rhode Island home, at $401,200. Renting a two-bedroom unit in Providence-Warwick costs $1,460 per month, which is 2.1% more than the national average of $1,430 and 2.1% cheaper than the state average of $1,430.

Can I afford Providence-Warwick?
To live comfortably in Providence-Warwick Rhode Isl Metro Area, Rhode Island, a minimum annual income of $82,440 for a family, and $47,600 for a single person is recommended.

What does A.I. say about Providence-Warwick?
Living in Providence-Warwick, RI Metro Area is 14% more expensive than the national average. This means that things like housing, groceries, transportation, and healthcare are all likely to be more expensive than the US average. However, residents of this metro area enjoy access to a wide variety of amenities that make up for the high cost of living. The median house value is $430,100 compared to the US average of $338,100, and there are plenty of job opportunities and cultural activities in this vibrant area.
   Cost of living score
     CategoriesProvidence-WarwickRhode IslandUnited States

   100=National Average

   Average Rent by Bedroom Size