Real Estate Brokers Salary in Rhode Island: Cost of Living Adjusted (2024)

What does a Real Estate Brokers 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 2026-04-02

Nominal Salary
$159,130
Median annual (2024)
-4.5%
Real Purchasing Power
$151,986
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 Real Estate Brokers earning $159,130 in Rhode Island has the equivalent purchasing power of $151,986 in an average-cost US state.

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

While $159,130 sounds high, Rhode Island's elevated cost of living erases 4% of that salary's purchasing power. Your real buying power is $151,986. Consider whether the higher pay offsets the higher costs.

Best States for Real Estate Brokers (After Cost of Living)

Where does Real Estate Brokers salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$151,986
RPP 104.7
$116,437
RPP 106.4
$116,060
RPP 109.4
$96,836
RPP 94.2
5. Idaho
$87,211
RPP 91.8
$86,140
RPP 89.4
$84,724
RPP 108.8
$80,520
RPP 92.3
9. Vermont
$80,197
RPP 101.1
10. Indiana
$78,910
RPP 91.8

Rhode Island ranks #1 out of 37 states for Real Estate Brokers after cost-of-living adjustment.

What To Do Next

Some links are affiliate links. See our disclosure.

How much do you actually take home? See Real Estate Brokers take-home pay in Rhode Island after taxes →

Frequently Asked Questions

What is the real salary for a Real Estate Brokers in Rhode Island after cost of living?

A Real Estate Brokers in Rhode Island earns a median salary of $159,130 per year. After adjusting for Rhode Island's cost of living (RPP=104.7), the real purchasing power is $151,986 — 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 Real Estate Brokers in Rhode Island: $159,130 x (100 / 104.7) = $151,986. 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 Real Estate Brokers's nominal salary of $159,130 in Rhode Island has 4.5% less purchasing power due to higher living costs. The real value is $151,986. However, Rhode Island may offer better career opportunities, networking, and industry access.

Related Salary Pages

Explore More in Rhode Island

Related Analysis
Real Estate Brokers Salary After-Tax Take-Home Pay Cost of Living Adjusted
Rankings
Highest Paying Jobs Jobs Over $100K Average Salary All Jobs in Rhode Island
Cities in Rhode Island
Providence Warwick Cranston Pawtucket
Colleges in Rhode Island
Brown University Bryant University Johnson & Wales University-Providence New England Institute of Technology