Cost of Living in Little Compton, RI
Population 3,601 · Rhode Island · Data vintage 2023
(100 = US avg)
Little Compton's housing market reflects its status as a high-earning metro: $726,000 for a typical home, 138% above the US median, paired with household incomes around $129,750 that put it in the upper third of the state. At 6.1%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Little Compton sits roughly 15 miles southwest of New Bedford — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 124% higher than New Bedford's $324,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Little Compton
The median home value in Little Compton is $726,200 — 138% above the national median of $305,000. Median rent runs $2,523/month, 92% higher than the national median of $1,314/month. The median household income of $129,750/year is 74% higher than the US median of $74,580. The local unemployment rate is 6.1%, above 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, Little Compton has a cost of living index of 220 versus the US average of 100, meaning it is 120% more expensive.
Little Compton has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 38 | 40 | 46 | 56 | 65 | 74 | 80 | 79 | 72 | 62 | 53 | 44 |
| Low °F | 24 | 25 | 31 | 39 | 49 | 58 | 64 | 64 | 57 | 47 | 38 | 30 |
| Precip" | 3.21 | 2.81 | 4.57 | 3.81 | 3.03 | 3.41 | 2.93 | 3.41 | 3.44 | 4.06 | 3.76 | 3.74 |
Frequently Asked Questions
What is the cost of living in Little Compton, RI?
Little Compton has a cost index of 220 (100 = national average). It is 120% above the national average.
What is average rent in Little Compton, RI?
The median gross rent in Little Compton is $2,523 per month based on 2023 Census data.
What is the average home price in Little Compton?
The median home value in Little Compton is $726,200 according to 2023 Census ACS data.
What is the median income in Little Compton?
The median household income in Little Compton is $129,750 per year (2023 ACS 5-year estimates).
What is the sales tax in Little Compton, RI?
The combined state and local sales tax rate in Little Compton is 7.0%. The Rhode Island state income tax top rate is 6.0%.
Is Little Compton, RI affordable?
Little Compton is above average in cost of living, with an index of 220 — about 120% higher than the national average.
What is the weather like in Little Compton?
Little Compton 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.
Little Compton at a Glance
- Population
- 3,601
- Median Income
- $129,750
- Home Value
- $726,200
- Median Rent
- $2,523/mo
- Unemployment
- 6.1%
- Avg High Temp
- 58.9°F
- Sales Tax
- 7.0%
Nearby Cities
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Rhode Island Rankings
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