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Financial and Investment Analysts Salary in Rhode Island: Cost of Living Adjusted (2024)

What does a Financial and Investment Analysts salary really buy you in Rhode Island?

Rhode Island is 4.7% pricier than the US average

Data: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31

Nominal Salary
$84,800
Median annual (2024)
-4.5%
Real Purchasing Power
$80,993
COL-adjusted (RPP=104.7)

Rhode Island Cost of Living Index

Rhode Island's Regional Price Parity (RPP) is 104.7, meaning prices are 4.7% higher the national average. A Financial and Investment Analysts earning $84,800 in Rhode Island has the equivalent purchasing power of $80,993 in an average-cost US state.

RI: 104.7
Cheapest (~85) US Avg (100) Priciest (~115)

Salary Breakdown: Nominal vs. COL-Adjusted

Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Rhode Island's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $60,070 $57,373 $-2,696
25th Percentile (P25) $68,280 $65,214 $-3,065
Median (P50) $84,800 $80,993 $-3,806
75th Percentile (P75) $125,510 $119,875 $-5,634
90th Percentile (P90) $217,290 $207,535 $-9,754
Key Insight

While $84,800 sounds high, Rhode Island's elevated cost of living erases 4% of that salary's purchasing power. Your real buying power is $80,993. Consider whether the higher pay offsets the higher costs.

Best States for Financial and Investment Analysts (After Cost of Living)

Where does Financial and Investment Analysts salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

1. Wyoming
$232,796
RPP 91.9
$117,639
RPP 107.6
$108,513
RPP 94.2
4. Alabama
$107,813
RPP 87.8
5. Montana
$106,301
RPP 90.3
$105,220
RPP 97.7
7. Ohio
$102,393
RPP 91.5
$101,890
RPP 102.1
$101,193
RPP 98.0
10. Oregon
$101,013
RPP 106.6

Rhode Island ranks #47 out of 49 states for Financial and Investment Analysts after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Financial and Investment Analysts in Rhode Island after cost of living?

A Financial and Investment Analysts in Rhode Island earns a median salary of $84,800 per year. After adjusting for Rhode Island's cost of living (RPP=104.7), the real purchasing power is $80,993 — a -4.5% difference.

Is Rhode Island expensive to live in?

Rhode Island's cost of living is 4.7% higher than the national average according to the BEA Regional Price Parities (2022). The RPP index for Rhode Island is 104.7 (US average = 100).

What are Regional Price Parities (RPP)?

Regional Price Parities (RPPs) are price indexes published by the U.S. Bureau of Economic Analysis (BEA) that measure differences in price levels across states. They are expressed as a percentage of the national average (US = 100). Higher RPP means higher cost of living.

How is the cost-of-living adjusted salary calculated?

The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Financial and Investment Analysts in Rhode Island: $84,800 x (100 / 104.7) = $80,993. This represents what the salary would be worth in a state with average living costs.

Does the high cost of living in Rhode Island offset the salary?

Partially — a Financial and Investment Analysts's nominal salary of $84,800 in Rhode Island has 4.5% less purchasing power due to higher living costs. The real value is $80,993. However, Rhode Island may offer better career opportunities, networking, and industry access.

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