Cost of Living in Pascoag, RI

Population 4,081 · Rhode Island · Data vintage 2023

102
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Pascoag sits on the smaller end of the Rhode Island city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. At 8.2%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Pascoag sits roughly 15 miles northwest of Providence — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with Providence's $323,000 median.

Cost Overview

Housing 110
Rent 90

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

About the Cost of Living in Pascoag

The median home value in Pascoag is $335,400 — 10% above the national median of $305,000. Median rent runs $1,181/month, 10% lower than the national median of $1,314/month. The median household income of $101,359/year is 36% higher than the US median of $74,580. The local unemployment rate is 8.2%, 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%. Overall, Pascoag has a cost of living index of 102 versus the US average of 100, meaning it is 2% more expensive.

🏠 Housing

Median Home Value
$335,400
10% above avg
Median Rent
$1,181/mo
10% below avg
Price-to-Rent Ratio
23.7x
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 66.7%
Renter-occupied 33.3%

💰 Estimated Monthly Budget

Rent median rent
$1,181
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,795/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
34.4 min
27% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
5.0%

Commute Mode

Drove alone
84.8%
Carpooled
7.5%
Public transit
0.4%
Walked
0.8%
Work from home
5.0%

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
$101,359
36% above avg
Per Capita Income
$41,222
Unemployment Rate
8.2%
70% above avg
Poverty Rate
12.3%
Labor Force Participation
64.5%

🎓 Education

Bachelor's degree+ 18.8%
Graduate degree 6.4%

👥 Demographics

Median Age 37.9
Male median age 31.3
Female median age 52.8

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 46 — Good
59.5%
Good air days/yr
125
Max AQI recorded
240
PM2.5 days
123
Ozone days

Frequently Asked Questions

What is the cost of living in Pascoag, RI?

Pascoag has a cost index of 102 (100 = national average). It is 2% above the national average.

What is average rent in Pascoag, RI?

The median gross rent in Pascoag is $1,181 per month based on 2023 Census data.

What is the average home price in Pascoag?

The median home value in Pascoag is $335,400 according to 2023 Census ACS data.

What is the median income in Pascoag?

The median household income in Pascoag is $101,359 per year (2023 ACS 5-year estimates).

What is the sales tax in Pascoag, RI?

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

Is Pascoag, RI affordable?

Pascoag is near the national average in terms of cost of living, with an index of 102 (100 = US average).