Cost of Living in Rhode Island

2025 affordability guide — compare housing costs, rental prices, and living expenses across 7 cities in Rhode Island.

107.9
Avg COL Index
7
Cities Ranked
$383,900
Avg Home Value

Housing Market

$383,900

Average median home value across Rhode Island cities.

Rental Market

Rental data covers median monthly rent for tracked cities in Rhode Island.

Affordability

Above Average

COL index 107.9 vs. national average of 100. Expect higher living costs than the national average.

Most & Least Expensive Cities in Rhode Island

Quick look at the cost extremes across Rhode Island.

All 6 Major Cities Ranked by Cost of Living

Sorted from most expensive to most affordable. Click any city for a detailed breakdown with housing, rental, and income data.

# City COL Index Affordability Median Home Median Rent
1 Kingston CDP 117.1 Expensive $493,500 N/A
2 Wakefield-Peace Dale CDP 114.9 Expensive $464,400 N/A
3 Greene CDP 106.9 Moderate $358,200 N/A
4 Pascoag CDP 105.2 Moderate $335,400 N/A
5 Providence 102.8 Moderate N/A N/A
6 Woonsocket 100.1 Moderate $268,000 N/A

All 6 Cities in Rhode Island

Complete directory of every tracked city and town. Filter or scroll to find yours.

Frequently Asked Questions

What states have the lowest cost of living?

States like Mississippi, Oklahoma, and Kansas typically have lower costs of living compared to coastal states.

What is the difference between RPP and COL Index?

RPP (Regional Price Parity) measures the price level for all items. COL Index combines RPP, housing, and rental data for a comprehensive comparison.

Data: BEA Regional Price Parities, U.S. Census Bureau ACS, HUD Fair Market Rents. Our Methodology · Data Sources

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