Cost of Living in Jamestown, RI

Population 5,545 · Rhode Island · Data vintage 2023

207
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Jamestown's housing market reflects its status as a high-earning metro: $752,000 for a typical home, 147% above the US median, paired with household incomes around $141,442 that put it in the upper third of the state.

Located 20 miles south of Providence, Jamestown falls within that metro's commuting orbit. Median home values run roughly 133% higher than Providence's $323,000.

Cost Overview

Housing 247
Rent 147

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

About the Cost of Living in Jamestown

The median home value in Jamestown is $752,300 — 147% above the national median of $305,000. Median rent runs $1,932/month, 47% higher than the national median of $1,314/month. The median household income of $141,442/year is 90% higher than the US median of $74,580. The local unemployment rate is 3.4%, 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 58.9°F and lows of 43.8°F. Overall, Jamestown has a cost of living index of 207 versus the US average of 100, meaning it is 107% more expensive.

🏠 Housing

Median Home Value
$752,300
147% above avg
Median Rent
$1,932/mo
47% above avg
Price-to-Rent Ratio
32.4x
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 86.7%
Renter-occupied 13.3%

💰 Estimated Monthly Budget

Rent median rent
$1,932
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,546/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
25.4 min
6% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
21.4%

Commute Mode

Drove alone
74.9%
Walked
2.5%
Bicycle
0.6%
Work from home
21.4%

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
$141,442
90% above avg
Per Capita Income
$85,464
Unemployment Rate
3.4%
29% below avg
Poverty Rate
4.3%
Labor Force Participation
50.4%

🎓 Education

Bachelor's degree+ 34.2%
Graduate degree 34.3%

👥 Demographics

Median Age 59.4
Male median age 58.1
Female median age 59.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
58.9°F
Avg Low
43.8°F
Annual Precip
42.2"
20° 35° 50° 65° 80° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 384046566574807972625344
Low °F 242531394958646457473830
Precip" 3.212.814.573.813.033.412.933.413.444.063.763.74

Frequently Asked Questions

What is the cost of living in Jamestown, RI?

Jamestown has a cost index of 207 (100 = national average). It is 107% above the national average.

What is average rent in Jamestown, RI?

The median gross rent in Jamestown is $1,932 per month based on 2023 Census data.

What is the average home price in Jamestown?

The median home value in Jamestown is $752,300 according to 2023 Census ACS data.

What is the median income in Jamestown?

The median household income in Jamestown is $141,442 per year (2023 ACS 5-year estimates).

What is the sales tax in Jamestown, RI?

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

Is Jamestown, RI affordable?

Jamestown is above average in cost of living, with an index of 207 — about 107% higher than the national average.

What is the weather like in Jamestown?

Jamestown has average high temperatures of 58.9°F and average lows of 43.8°F. Annual precipitation is 42.2". Data from NOAA 1991–2020 Climate Normals.

Jamestown at a Glance

Population
5,545
Median Income
$141,442
Home Value
$752,300
Median Rent
$1,932/mo
Unemployment
3.4%
Avg High Temp
58.9°F
Sales Tax
7.0%
View all cities in Rhode Island →
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Explore county-level cost of living data

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