Bristol, RI is a vibrant city located in the eastern part of the United States that offers plenty of activities and attractions. The cost of living in Bristol is relatively low compared to other US cities, as the 2 bedroom rent is $1,550 which is lower than the national average of $1,430. Additionally, groceries are around 7% more expensive than the national average at 107 versus 100 on the cost index.
Bristol has become a popular destination for tourists who enjoy exploring its charming marinas, historic lighthouses, and waterfront parks. It also provides plenty of opportunities for local businesses like The Plant Fueled Wellness Center offering health-focused foods and services or Fringe Boutique that specializes in unique items from independent brands.
With its spectacular views of Mount Hope Bay and Narragansett Bay, nearby beaches and parks, vibrant culture and entertainment options, low cost of living as well as access to quality healthcare facilities - Bristol is an attractive place to live.
Bristol has an unemployment rate of 5.9%. The US average is 6.0%.
Bristol 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 31.0%, which is lower than the US average of 33.5%.
Tax Rates for Bristol
- The Sales Tax Rate for Bristol is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Bristol 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 Bristol
- The average income of a Bristol resident is $31,280 a year. The US average is $28,555 a year.
- The Median household income of a Bristol resident is $80,727 a year. The US average is $69,021 a year.