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Cost of living in Providence, RI

Livability score 58 · cost-of-living index 101.5 (US = 100)

How Providence compares

Where Providence falls within the range of all 200 metros (marker = this city).

Cost-of-living index (US=100) 85 118 Cost-of-living index (US=100): 102 — range 85 to 118 across all metros 102 Median home price $149k $1610k Median home price: $525k — range $149k to $1610k across all metros $525k Price per sqft (more house = lower) $88 $1074 Price per sqft (more house = lower): $328 — range $88 to $1074 across all metros $328 Combined sales tax 0.0% 11.5% Combined sales tax: 7.0% — range 0.0% to 11.5% across all metros 7.0% Property tax rate 0.28% 2.76% Property tax rate: 1.31% — range 0.28% to 2.76% across all metros 1.31% Violent crime (per 100k) 110 1,000 Violent crime (per 100k): 240 — range 110 to 1,000 across all metros 240 Electricity (¢/kWh) 12.3 46.6 Electricity (¢/kWh): 28.3 — range 12.3 to 46.6 across all metros 28.3 Avg summer high (°F) 65° 104° Avg summer high (°F): 82° — range 65° to 104° across all metros 82° Avg winter low (°F) -2° 72° Avg winter low (°F): 21° — range -2° to 72° across all metros 21°

Map of Providence

Grocery stores, parks, golf courses and more — real listings. Toggle categories in the legend.

Map data © OpenStreetMap contributors · business listings via Google Maps

Cost of living

MetricValueUS rank
Cost-of-living index (US=100)101.5#151 of 200
Grocery index (US=100)98.4#147 of 200
Big Mac price (est.)$5.78#151 of 200
Median household income$81,136#55 of 200
Median wage (all occupations)$45,920#35 of 200

Economy

MetricValueUS rank
Unemployment rate5.82%#145 of 200
Population growth (5-yr)+3.6%#107 of 200

Housing — what your money buys

MetricValueUS rank
Median home price$524,867#168 of 200
Home price ÷ income (affordability)6.5×#174 of 200
1-yr home appreciation+3.1%#45 of 200
Price per square foot$328#179 of 200
Typical home size (implied)1,600 sqft
Median rent (monthly)$2,163#170 of 200
Homes for sale (inventory)2,912
Median days on market10#52 of 200

Taxes

MetricValueUS rank
Total tax burden (est. % of income)11.4%#147 of 200
Combined sales tax7.00%#64 of 200
State income tax (top rate)5.99%
Capital gains tax5.99%#139 of 200
High earnersNo special surtax
Effective property tax rate1.31%#133 of 200
Median property tax paid$4,681#170 of 200

Healthcare & childcare

MetricValueUS rank
Healthcare (annual, single adult)$7,600#179 of 200
Childcare (annual, infant, center)$13,000#131 of 200

Vehicles & commute

MetricValueUS rank
Annual registration$100#83 of 200
Vehicle property tax (annual)None#1 of 200
Emissions testingRequired
Emissions detailRequired in major metro counties
DMV & license offices1
Avg commute to work26 min#142 of 200

Utilities & fuel

MetricValueUS rank
Electricity28.3¢/kWh#164 of 200
Avg monthly electric bill$255#164 of 200
Gasoline$3.35/gal#111 of 200
Natural gas (avg monthly bill)$92#185 of 200
Water & sewer (avg monthly bill)$80#45 of 200
Home internet (avg monthly bill)$67#10 of 200

Insurance

MetricValueUS rank
Home insurance (annual)$1,700#96 of 200
Auto insurance (annual)$2,100#126 of 200

Disaster risk & supplemental insurance

MetricValueUS rank
Main natural hazardsNotable hazards: hurricanes, flooding — separate flood/quake/windstorm policies may be needed.
Flood insurance (annual, NFIP)$900#152 of 200
Earthquake insurance (annual)$100#1 of 200

Climate & air quality

MetricValueUS rank
Air quality (median AQI, lower=cleaner)42#1 of 200
Cooling degree-days (AC load)600#14 of 200
Heating degree-days (heat load)5,700#141 of 200
Avg summer high82°F#10 of 200
Avg winter low21°F#146 of 200
Annual precipitation47.5"#146 of 200
Annual snowfall36.6"#150 of 200
Sunshine (% of possible)56%#132 of 200
Plant hardiness zone6b
Frost window04-20 → 10-20

Safety

MetricValueUS rank
Violent crime (per 100k)240#13 of 200
Property crime (per 100k)1,500#32 of 200

Local amenities & recreation

MetricValueUS rank
Grocery stores18#180 of 200
Parks45
Hiking areas3
Golf courses4
Shooting ranges2
Lakes5

Permits

MetricValueUS rank
Building permit difficulty (1–5)4#147 of 200
Permit detailDifficult; zoning + review

US rank = this metro's position among all 200 metros (1 = best: cheapest / safest / highest income, etc.). Childcare is a family cost, not included in the salary-equivalence total.

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