Cost of Living in Warwick, RI
Population: 82,871 • 2026 Data
$87,536
Median Household Income
+13% vs national
$1,299
Median Monthly Rent
-4% vs national
$322,000
Median Home Value
-5% vs national
4.8%
Unemployment Rate
Housing in Warwick
The median home value in Warwick, RI is $322,000. Monthly rent for a typical unit averages $1,299, while total monthly housing costs (including utilities and insurance) average $1,587.
Rent-to-income ratio: 17.8%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Warwick, RI is $87,536. The unemployment rate stands at 4.8%, with a labor force of 45,936 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.