Cost of Living in Warren, RI

Population 11,138 · 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

Warren is a smaller Rhode Island community of around 11000 residents, where median household incomes of $89,722 and housing costs ($364,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Geographically, Warren sits roughly 11 miles southeast of Providence. Median home values run roughly 13% higher than Providence's $323,000.

Cost Overview

Housing 119
Rent 95

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

About the Cost of Living in Warren

The median home value in Warren is $363,900 — 19% above the national median of $305,000. Median rent runs $1,253/month, 5% lower than the national median of $1,314/month. The median household income of $89,722/year is 20% higher than the US median of $74,580. The local unemployment rate is 4.6%, 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 61.1°F and lows of 43.1°F, with about 36.6" of annual snowfall. Overall, Warren has a cost of living index of 110 versus the US average of 100, meaning it is 10% more expensive.

🏠 Housing

Median Home Value
$363,900
19% above avg
Median Rent
$1,253/mo
5% below avg
Price-to-Rent Ratio
24.2x
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 60.9%
Renter-occupied 39.1%

💰 Estimated Monthly Budget

Rent median rent
$1,253
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,867/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
21.9 min
19% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.8%

Commute Mode

Drove alone
72.9%
Carpooled
12.3%
Public transit
1.0%
Walked
1.4%
Bicycle
0.8%
Work from home
9.8%

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
$89,722
20% above avg
Per Capita Income
$50,745
Unemployment Rate
4.6%
5% below avg
Poverty Rate
9.2%
Labor Force Participation
58.5%

🎓 Education

Bachelor's degree+ 22.5%
Graduate degree 13.6%

👥 Demographics

Median Age 48.5
Male median age 43.4
Female median age 50.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
61.1°F
Avg Low
43.1°F
Annual Precip
47.5"
Annual Snowfall
36.6"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 384148596978848275645343
Low °F 222430404959656457453628
Precip" 3.963.444.904.293.373.812.913.594.174.184.274.65
Snow" 10.310.56.40.60.00.00.00.00.00.21.07.6

Frequently Asked Questions

What is the cost of living in Warren, RI?

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

What is average rent in Warren, RI?

The median gross rent in Warren is $1,253 per month based on 2023 Census data.

What is the average home price in Warren?

The median home value in Warren is $363,900 according to 2023 Census ACS data.

What is the median income in Warren?

The median household income in Warren is $89,722 per year (2023 ACS 5-year estimates).

What is the sales tax in Warren, RI?

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

Is Warren, RI affordable?

Warren 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 Warren?

Warren has average high temperatures of 61.1°F and average lows of 43.1°F. Annual precipitation is 47.5". Average annual snowfall is 36.6". Data from NOAA 1991–2020 Climate Normals.

Warren at a Glance

Population
11,138
Median Income
$89,722
Home Value
$363,900
Median Rent
$1,253/mo
Unemployment
4.6%
Avg High Temp
61.1°F
Sales Tax
7.0%
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Explore county-level cost of living data

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