Cost of Living in East Greenwich, RI

Population 14,407 · Rhode Island · Data vintage 2023

154
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Home prices in East Greenwich run well above the national baseline, with a median of $612,000, though local incomes keep the cost-to-earnings ratio tighter than in coastal metros with comparable sticker prices. Median household earnings of $149,577 place the city among the better-paid Rhode Island metros. The labor market has been unusually tight, with unemployment around 2.9% — below most comparable cities in the state.

Geographically, East Greenwich sits roughly 14 miles southwest of Providence. Median home values run roughly 90% higher than Providence's $323,000.

Cost Overview

Housing 201
Rent 85

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

About the Cost of Living in East Greenwich

The median home value in East Greenwich is $612,100 — 101% above the national median of $305,000. Median rent runs $1,116/month, 15% lower than the national median of $1,314/month. The median household income of $149,577/year is 101% higher than the US median of $74,580. The local unemployment rate is 2.9%, 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, East Greenwich has a cost of living index of 154 versus the US average of 100, meaning it is 54% more expensive.

🏠 Housing

Median Home Value
$612,100
101% above avg
Median Rent
$1,116/mo
15% below avg
Price-to-Rent Ratio
45.7x
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 82.8%
Renter-occupied 17.3%

💰 Estimated Monthly Budget

Rent median rent
$1,116
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,730/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
25.7 min
5% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
19.1%

Commute Mode

Drove alone
70.3%
Carpooled
7.1%
Public transit
0.7%
Walked
1.8%
Bicycle
0.1%
Work from home
19.1%

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
$149,577
101% above avg
Per Capita Income
$77,660
Unemployment Rate
2.9%
41% below avg
Poverty Rate
5.0%
Labor Force Participation
51.5%

🎓 Education

Bachelor's degree+ 34.0%
Graduate degree 34.9%

👥 Demographics

Median Age 42.4
Male median age 41.8
Female median age 43.1

🌤 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 East Greenwich, RI?

East Greenwich has a cost index of 154 (100 = national average). It is 54% above the national average.

What is average rent in East Greenwich, RI?

The median gross rent in East Greenwich is $1,116 per month based on 2023 Census data.

What is the average home price in East Greenwich?

The median home value in East Greenwich is $612,100 according to 2023 Census ACS data.

What is the median income in East Greenwich?

The median household income in East Greenwich is $149,577 per year (2023 ACS 5-year estimates).

What is the sales tax in East Greenwich, RI?

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

Is East Greenwich, RI affordable?

East Greenwich is above average in cost of living, with an index of 154 — about 54% higher than the national average.

What is the weather like in East Greenwich?

East Greenwich 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.

East Greenwich at a Glance

Population
14,407
Median Income
$149,577
Home Value
$612,100
Median Rent
$1,116/mo
Unemployment
2.9%
Avg High Temp
61.1°F
Sales Tax
7.0%
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