Cost of Living in Tiverton, RI

Population 16,260 · Rhode Island · Data vintage 2023

110
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Tiverton a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $367,000.

Located 13 miles west of New Bedford, Tiverton falls within that metro's commuting orbit. Median home values run roughly 13% higher than New Bedford's $324,000.

Cost Overview

Housing 120
Rent 93

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

About the Cost of Living in Tiverton

The median home value in Tiverton is $367,400 — 20% above the national median of $305,000. Median rent runs $1,228/month, 7% lower than the national median of $1,314/month. The median household income of $99,542/year is 33% higher than the US median of $74,580. The local unemployment rate is 5.3%, 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, Tiverton has a cost of living index of 110 versus the US average of 100, meaning it is 10% more expensive.

🏠 Housing

Median Home Value
$367,400
20% above avg
Median Rent
$1,228/mo
7% below avg
Price-to-Rent Ratio
24.9x
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 78.1%
Renter-occupied 21.9%

💰 Estimated Monthly Budget

Rent median rent
$1,228
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,842/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
27.9 min
3% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
11.4%

Commute Mode

Drove alone
78.5%
Carpooled
7.2%
Public transit
0.5%
Walked
1.8%
Bicycle
0.1%
Work from home
11.4%

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
$99,542
33% above avg
Per Capita Income
$50,619
Unemployment Rate
5.3%
11% above avg
Poverty Rate
5.5%
Labor Force Participation
58.6%

🎓 Education

Bachelor's degree+ 26.6%
Graduate degree 13.6%

👥 Demographics

Median Age 49.5
Male median age 46.8
Female median age 53

🌤 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

🏫 Schools

NCES CCD 2019 — public school district data

87%
4-Year Graduation Rate
11.3:1
Student-teacher ratio
5
Public schools
1,759
Total enrollment

Frequently Asked Questions

What is the cost of living in Tiverton, RI?

Tiverton has a cost index of 110 (100 = national average). It is 10% above the national average.

What is average rent in Tiverton, RI?

The median gross rent in Tiverton is $1,228 per month based on 2023 Census data.

What is the average home price in Tiverton?

The median home value in Tiverton is $367,400 according to 2023 Census ACS data.

What is the median income in Tiverton?

The median household income in Tiverton is $99,542 per year (2023 ACS 5-year estimates).

What is the sales tax in Tiverton, RI?

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

Is Tiverton, RI affordable?

Tiverton is near the national average in terms of cost of living, with an index of 110 (100 = US average).

What is the weather like in Tiverton?

Tiverton 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.

Tiverton at a Glance

Population
16,260
Median Income
$99,542
Home Value
$367,400
Median Rent
$1,228/mo
Unemployment
5.3%
Avg High Temp
58.9°F
Sales Tax
7.0%
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