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New York, NY vs Providence, RI

Moving from New York to Providence? Here's what changes — from your equivalent salary to housing ($727,625 → $524,867 median home) and taxes.

New York vs Providence at a glance

Bars scaled to the range across all 200 metros; labels show actual values.

New York, NY Providence, RI Cost-of-living index New York, NY — Cost-of-living index: 113 113 Providence, RI — Cost-of-living index: 102 102 Median home price New York, NY — Median home price: $728k $728k Providence, RI — Median home price: $525k $525k Price per sqft New York, NY — Price per sqft: $455 $455 Providence, RI — Price per sqft: $328 $328 Median rent New York, NY — Median rent: $3,503 $3,503 Providence, RI — Median rent: $2,163 $2,163 Combined sales tax New York, NY — Combined sales tax: 8.5% 8.5% Providence, RI — Combined sales tax: 7.0% 7.0% Property tax rate New York, NY — Property tax rate: 1.74% 1.74% Providence, RI — Property tax rate: 1.31% 1.31% Violent crime /100k New York, NY — Violent crime /100k: 350 350 Providence, RI — Violent crime /100k: 240 240 Electricity ¢/kWh New York, NY — Electricity ¢/kWh: 29.4 29.4 Providence, RI — Electricity ¢/kWh: 28.3 28.3 Avg commute (min) New York, NY — Avg commute (min): 36 36 Providence, RI — Avg commute (min): 26 26 Avg summer high °F New York, NY — Avg summer high °F: 83° 83° Providence, RI — Avg summer high °F: 82° 82° Avg winter low °F New York, NY — Avg winter low °F: 16° 16° Providence, RI — Avg winter low °F: 21° 21°

To keep the same standard of living as $100,000 in New York, NY, you'd need about $90,116 in Providence, RI (−$9,884).

Livability — New York, NY: 44 · Providence, RI: 58 (0–100).

What your home budget buys

A $500,000 home budget gets you about 1,099 sqft in New York vs 1,524 sqft in Providence ($455 vs $328 per sqft).

Annual cost breakdown (at $100,000)

CategoryNew York, NYProvidence, RIDifference
Housing $42,036 $25,956 −$16,080
Groceries $5,415 $4,922 −$493
Transportation $3,895 $3,875 −$20
Utilities $3,180 $3,060 −$120
Insurance $1,600 $1,700 +$100
Taxes $23,496 $13,121 −$10,375
Total $79,622 $52,634 −$26,988

Side by side

MetricNew York, NYProvidence, RI
Cost-of-living index112.6101.5
Unemployment rate6.55%5.82%
Population growth (5-yr)-1.4%3.6%
Air quality (median AQI)4242
Big Mac price (est.)$6.41$5.78
Median home price$727,625$524,867
Home price ÷ income7.8×6.5×
1-yr home appreciation4.1%3.1%
Price per square foot$455$328
Median rent$3,503$2,163
Total tax burden (% income)15.9%11.4%
Combined sales tax8.52%7.00%
Capital gains tax10.90%5.99%
Property tax rate1.74%1.31%
Healthcare (annual)$7,800$7,600
Childcare (annual, infant)$17,000$13,000
Vehicle property taxNoneNone
Avg commute (min)3626
Home insurance / yr$1,600$1,700
Auto insurance / yr$2,100$2,100
Flood insurance / yr$800$900
Earthquake insurance / yr$100$100
Electricity ¢/kWh29.428.3
Gas $/gal3.453.35
Natural gas / mo$98$92
Water & sewer / mo$87$80
Home internet / mo$76$67
Violent crime /100k350240
Avg summer high °F8382
Avg winter low °F1621
Annual precipitation (in)49.547.5
Annual snowfall (in)29.836.6
Sunshine (% possible)58%56%
Permit difficulty (1–5)54

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