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What does a Insurance Underwriters salary really buy you in Rhode Island?
Rhode Island is 4.7% pricier than the US averageData: BLS OEWS 2025 + BEA Regional Price Parities 2022 • Updated 2026-05-19
Rhode Island's Regional Price Parity (RPP) is 104.7, meaning prices are 4.7% higher the national average. A Insurance Underwriters earning $84,720 in Rhode Island has the equivalent purchasing power of $80,916 in an average-cost US state.
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) | $50,240 | $47,984 | $-2,255 |
| 25th Percentile (P25) | $63,920 | $61,050 | $-2,869 |
| Median (P50) | $84,720 | $80,916 | $-3,803 |
| 75th Percentile (P75) | $103,950 | $99,283 | $-4,666 |
| 90th Percentile (P90) | $138,930 | $132,693 | $-6,236 |
While $84,720 sounds high, Rhode Island's elevated cost of living erases 4% of that salary's purchasing power. Your real buying power is $80,916. Consider whether the higher pay offsets the higher costs.
Rhode Island's RPP of 104.7 puts it 4.7% above the national baseline cost of living. A Insurance Underwriters needs that premium in nominal pay just to maintain the same purchasing power as an average-cost state.
After applying Rhode Island's RPP, the $84,720 median salary translates to $80,917 in real terms — a 4.5% loss. That difference can cover several months of expenses over a year for a Insurance Underwriters.
Rhode Island's rank of #32 of 49 states means real purchasing power for Insurance Underwriters trails the national half-way line.
Where does Insurance Underwriters salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.
Rhode Island ranks #32 out of 49 states for Insurance Underwriters after cost-of-living adjustment.
How much do you actually take home? See Insurance Underwriters take-home pay in Rhode Island after taxes →
A Insurance Underwriters in Rhode Island earns a median salary of $84,720 per year. After adjusting for Rhode Island's cost of living (RPP=104.7), the real purchasing power is $80,916 — a -4.5% difference.
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).
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.
The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Insurance Underwriters in Rhode Island: $84,720 x (100 / 104.7) = $80,916. This represents what the salary would be worth in a state with average living costs.
Partially — a Insurance Underwriters's nominal salary of $84,720 in Rhode Island has 4.5% less purchasing power due to higher living costs. The real value is $80,916. However, Rhode Island may offer better career opportunities, networking, and industry access.
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