Cost of Living in Narragansett, RI
Population 14,540 · Rhode Island · Data vintage 2023
(100 = US avg)
Home prices in Narragansett run well above the national baseline, with a median of $666,000, though local incomes keep the cost-to-earnings ratio tighter than in coastal metros with comparable sticker prices. Median household earnings of $95,777 place the city among the better-paid Rhode Island metros.
Geographically, Narragansett is about 30 miles south of Providence, the nearest large metro. Median home values run roughly 106% higher than Providence's $323,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Narragansett
The median home value in Narragansett is $665,800 — 118% above the national median of $305,000. Median rent runs $1,690/month, 29% higher than the national median of $1,314/month. The median household income of $95,777/year is 28% higher than the US median of $74,580. The local unemployment rate is 4.2%, 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 59.1°F and lows of 39.3°F. Overall, Narragansett has a cost of living index of 182 versus the US average of 100, meaning it is 82% more expensive.
🏠 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 | 37 | 39 | 46 | 56 | 66 | 75 | 80 | 79 | 73 | 62 | 52 | 43 |
| Low °F | 19 | 21 | 27 | 36 | 45 | 54 | 60 | 59 | 52 | 41 | 32 | 25 |
| Precip" | 4.17 | 3.85 | 5.69 | 4.50 | 3.58 | 3.99 | 3.31 | 4.08 | 4.30 | 4.49 | 4.38 | 5.23 |
Frequently Asked Questions
What is the cost of living in Narragansett, RI?
Narragansett has a cost index of 182 (100 = national average). It is 82% above the national average.
What is average rent in Narragansett, RI?
The median gross rent in Narragansett is $1,690 per month based on 2023 Census data.
What is the average home price in Narragansett?
The median home value in Narragansett is $665,800 according to 2023 Census ACS data.
What is the median income in Narragansett?
The median household income in Narragansett is $95,777 per year (2023 ACS 5-year estimates).
What is the sales tax in Narragansett, RI?
The combined state and local sales tax rate in Narragansett is 7.0%. The Rhode Island state income tax top rate is 6.0%.
Is Narragansett, RI affordable?
Narragansett is above average in cost of living, with an index of 182 — about 82% higher than the national average.
What is the weather like in Narragansett?
Narragansett has average high temperatures of 59.1°F and average lows of 39.3°F. Annual precipitation is 51.6". Data from NOAA 1991–2020 Climate Normals.
Narragansett at a Glance
- Population
- 14,540
- Median Income
- $95,777
- Home Value
- $665,800
- Median Rent
- $1,690/mo
- Unemployment
- 4.2%
- Avg High Temp
- 59.1°F
- Sales Tax
- 7.0%
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