Cost of Living in Wakefield-Peace Dale, RI
Population 9,812 · Rhode Island · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Wakefield-Peace Dale a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $464,000. Unemployment has stayed elevated relative to the national figure — 6.6% as of the most recent ACS release — which shows up in household-income and poverty figures as well.
Geographically, Wakefield-Peace Dale is about 25 miles south of Providence, the nearest large metro. Median home values run roughly 44% higher than Providence's $323,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Wakefield-Peace Dale
The median home value in Wakefield-Peace Dale is $464,400 — 52% above the national median of $305,000. Median rent runs $1,196/month, 9% lower than the national median of $1,314/month. The median household income of $111,200/year is 49% higher than the US median of $74,580. The local unemployment rate is 6.6%, 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 59.1°F and lows of 39.3°F. Overall, Wakefield-Peace Dale has a cost of living index of 128 versus the US average of 100, meaning it is 28% more expensive.
Wakefield-Peace Dale 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 | 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 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Wakefield-Peace Dale, RI?
Wakefield-Peace Dale has a cost index of 128 (100 = national average). It is 28% above the national average.
What is average rent in Wakefield-Peace Dale, RI?
The median gross rent in Wakefield-Peace Dale is $1,196 per month based on 2023 Census data.
What is the average home price in Wakefield-Peace Dale?
The median home value in Wakefield-Peace Dale is $464,400 according to 2023 Census ACS data.
What is the median income in Wakefield-Peace Dale?
The median household income in Wakefield-Peace Dale is $111,200 per year (2023 ACS 5-year estimates).
What is the sales tax in Wakefield-Peace Dale, RI?
The combined state and local sales tax rate in Wakefield-Peace Dale is 7.0%. The Rhode Island state income tax top rate is 6.0%.
Is Wakefield-Peace Dale, RI affordable?
Wakefield-Peace Dale is above average in cost of living, with an index of 128 — about 28% higher than the national average.
What is the weather like in Wakefield-Peace Dale?
Wakefield-Peace Dale 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.
Wakefield-Peace Dale at a Glance
- Population
- 9,812
- Median Income
- $111,200
- Home Value
- $464,400
- Median Rent
- $1,196/mo
- Unemployment
- 6.6%
- Avg High Temp
- 59.1°F
- Sales Tax
- 7.0%
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