RI metros
Cost of living across major RI metropolitan areas.
What living in RI costs
Across the 1 RI metro we track, the typical cost-of-living index is 101.5 against a national metro median of 95.7 — about 6% pricier than the typical US metro. That ranks RI 36 of the 48 states we cover, counting from the cheapest.
A typical RI home costs $524,867, or about 6.5× median household income, and typical rent is $2,163/mo.
Taxes in RI
RI levies a state income tax on top of the federal one. Effective property tax runs about 1.3% of home value in a typical RI metro, and combined state and local sales tax is around 7%.
Property tax is the one that scales with housing, so it bites hardest in the pricier metros above. Per-metro figures are on each metro page.
| Metro | COL index | Median home | Median rent |
|---|---|---|---|
| Providence, RI | 101.5 | $524,867 | $2,163 |
Cities & towns in RI (11)
Local property tax, home values and school scores for each place.