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What does a Ship Engineers 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 Ship Engineers earning $119,330 in Rhode Island has the equivalent purchasing power of $113,973 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) | $76,120 | $72,702 | $-3,417 |
| 25th Percentile (P25) | $95,950 | $91,642 | $-4,307 |
| Median (P50) | $119,330 | $113,973 | $-5,356 |
| 75th Percentile (P75) | $139,360 | $133,104 | $-6,255 |
| 90th Percentile (P90) | $159,990 | $152,808 | $-7,181 |
While $119,330 sounds high, Rhode Island's elevated cost of living erases 4% of that salary's purchasing power. Your real buying power is $113,973. 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 Ship Engineers 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 $119,330 median salary translates to $113,973 in real terms — a 4.5% loss. That difference can cover several months of expenses over a year for a Ship Engineers.
Rhode Island sits at #8 of 24 states for Ship Engineers COL-adjusted salary — comfortably above the national midpoint.
Where does Ship Engineers salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.
Rhode Island ranks #8 out of 24 states for Ship Engineers after cost-of-living adjustment.
How much do you actually take home? See Ship Engineers take-home pay in Rhode Island after taxes →
A Ship Engineers in Rhode Island earns a median salary of $119,330 per year. After adjusting for Rhode Island's cost of living (RPP=104.7), the real purchasing power is $113,973 — 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 Ship Engineers in Rhode Island: $119,330 x (100 / 104.7) = $113,973. This represents what the salary would be worth in a state with average living costs.
Partially — a Ship Engineers's nominal salary of $119,330 in Rhode Island has 4.5% less purchasing power due to higher living costs. The real value is $113,973. However, Rhode Island may offer better career opportunities, networking, and industry access.
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