Cost of Living in Cumberland, RI

Population 36,390 · Rhode Island · Data vintage 2023

116
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Most of Cumberland's cost indicators track within a reasonable band of national figures, with median household incomes near $118,642 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail. An unemployment rate of 2.6% points to a labor market well on the tight side of the national distribution.

Cumberland sits roughly 10 miles north of Providence — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 22% higher than Providence's $323,000.

Cost Overview

Housing 129
Rent 95

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Cumberland

The median home value in Cumberland is $394,600 — 29% above the national median of $305,000. Median rent runs $1,251/month, 5% lower than the national median of $1,314/month. The median household income of $118,642/year is 59% higher than the US median of $74,580. The local unemployment rate is 2.6%, below the national average of 4.8%. Rhode Island's top state income tax rate is 6.0% and the combined sales tax is 7.0%. The climate averages highs of 61.1°F and lows of 43.1°F, with about 36.6" of annual snowfall. Overall, Cumberland has a cost of living index of 116 versus the US average of 100, meaning it is 16% more expensive.

🏠 Housing

Median Home Value
$394,600
29% above avg
Median Rent
$1,251/mo
5% below avg
Price-to-Rent Ratio
26.3x
Favors renting
Property Tax Rate
1.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,233
1 BR
$1,319
2 BR
$1,614
3 BR
$1,945
4 BR
$2,359
Owner-occupied 76.5%
Renter-occupied 23.4%

💰 Estimated Monthly Budget

Rent median rent
$1,251
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,865/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
26.4 min
2% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
11.2%

Commute Mode

Drove alone
78.0%
Carpooled
8.8%
Public transit
0.6%
Walked
0.5%
Work from home
11.2%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 6.0%
Total Sales Tax 7.0%
State rate 7.0%
Avg local rate 0.0%
Property Tax 1.6%

💼 Income & Employment

Median Household Income
$118,642
59% above avg
Per Capita Income
$52,753
Unemployment Rate
2.6%
45% below avg
Poverty Rate
4.2%
Labor Force Participation
57.0%

🎓 Education

Bachelor's degree+ 28.8%
Graduate degree 14.2%

👥 Demographics

Median Age 44
Male median age 44.2
Female median age 43.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
61.1°F
Avg Low
43.1°F
Annual Precip
47.5"
Annual Snowfall
36.6"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 384148596978848275645343
Low °F 222430404959656457453628
Precip" 3.963.444.904.293.373.812.913.594.174.184.274.65
Snow" 10.310.56.40.60.00.00.00.00.00.21.07.6

Frequently Asked Questions

What is the cost of living in Cumberland, RI?

Cumberland has a cost index of 116 (100 = national average). It is 16% above the national average.

What is average rent in Cumberland, RI?

The median gross rent in Cumberland is $1,251 per month based on 2023 Census data.

What is the average home price in Cumberland?

The median home value in Cumberland is $394,600 according to 2023 Census ACS data.

What is the median income in Cumberland?

The median household income in Cumberland is $118,642 per year (2023 ACS 5-year estimates).

What is the sales tax in Cumberland, RI?

The combined state and local sales tax rate in Cumberland is 7.0%. The Rhode Island state income tax top rate is 6.0%.

Is Cumberland, RI affordable?

Cumberland is above average in cost of living, with an index of 116 — about 16% higher than the national average.

What is the weather like in Cumberland?

Cumberland has average high temperatures of 61.1°F and average lows of 43.1°F. Annual precipitation is 47.5". Average annual snowfall is 36.6". Data from NOAA 1991–2020 Climate Normals.

Cumberland at a Glance

Population
36,390
Median Income
$118,642
Home Value
$394,600
Median Rent
$1,251/mo
Unemployment
2.6%
Avg High Temp
61.1°F
Sales Tax
7.0%
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