Cost of Living in Rhode Island
36 cities · Total population 678,634
Page updated: · Data vintage: 2023 ACS 5-Year
Median Home Value
$368,800
+21% vs national
Median Rent
$1,273/mo
-3% vs national
Median Income
$86,372
+16% vs national
Unemployment Rate
5.7%
+18% vs national
Rhode Island at a Glance
The median home value in Rhode Island is $368,800, 21% above the national median of $305,000. Additionally, median rent is $1,273/mo (3% below the $1,314 national figure), and median household income is $86,372 (16% higher than the national $74,580), and the unemployment rate sits at 5.7% (18% above the 4.8% national average).
State Tax Rates
Income Tax
6.0%
State Sales Tax
7.0%
Total Sales Tax
7.0%
Property Tax Rate
1.6%
Most Affordable Cities in Rhode Island
Highest Income Cities in Rhode Island
All Cities in Rhode Island
Click column headers to sort · Click a city for full details
| City | Population | Med. Income | Home Value |
|---|---|---|---|
| Providence | 190,214 | $66,772 | $322,800 |
| Warwick | 82,871 | $87,536 | $322,000 |
| Cranston | 82,632 | $87,716 | $348,800 |
| Pawtucket | 75,280 | $67,436 | $286,200 |
| East Providence | 46,970 | $79,660 | $322,100 |
| Woonsocket | 43,074 | $58,614 | $268,000 |
| Newport | 25,029 | $83,562 | $669,500 |
| Central Falls | 22,481 | $45,921 | $300,500 |
| Westerly | 18,528 | $82,333 | $400,200 |
| Valley Falls | 12,370 | $93,653 | $347,900 |
| Newport East | 11,262 | $86,310 | $479,200 |
| Wakefield-Peace Dale | 9,812 | $111,200 | $464,400 |
| Cumberland Hill | 8,638 | $131,006 | $362,700 |
| Greenville | 8,586 | $94,567 | $390,900 |
| Tiverton | 8,151 | $91,493 | $357,700 |
| Kingston | 6,953 | $82,143 | $493,500 |
| Pascoag | 4,081 | $101,359 | $335,400 |
| Narragansett Pier | 3,080 | $79,683 | $771,800 |
| Hope Valley | 2,147 | $98,481 | $424,100 |
| Melville | 1,840 | $103,393 | — |
| Chepachet | 1,819 | $95,423 | $285,600 |
| Harrisville | 1,816 | $66,016 | $348,700 |
| Ashaway | 1,682 | $101,165 | $305,600 |
| Charlestown | 1,648 | $113,281 | $545,800 |
| Bradford | 1,437 | $108,295 | $387,100 |
| Carolina | 1,238 | $123,063 | $366,000 |
| Harmony | 1,094 | $108,971 | $380,700 |
| Greene | 1,009 | $102,000 | $358,200 |
| Quonochontaug | 577 | $106,058 | $880,000 |
| Weekapaug | 471 | $121,111 | $842,900 |
| Hopkinton | 402 | — | $247,700 |
| Misquamicut | 355 | $105,250 | $790,900 |
| Wyoming | 351 | — | $354,500 |
| Foster Center | 328 | $56,027 | $450,000 |
| Watch Hill | 224 | — | $2,000,001 |
| Clayville | 184 | $128,264 | $235,600 |