Cost of Living in Rhode Island
7 cities • 546,070 total population • 2026 Data
$75,899
Avg. Median Income
-2% vs national
$1,301
Avg. Median Rent
-3% vs national
$362,771
Avg. Home Value
+7% vs national
6.7%
Avg. Unemployment
Overview
Rhode Island has 7 cities with populations over 25,000, totaling 546,070 residents. The average median household income across these cities is $75,899, which is 2% below the national median.
Rent averages $1,301 per month, and the average home value is $362,771. The largest city is Providence, while Woonsocket offers the lowest rent and Newport has the highest.
Most Affordable Cities in Rhode Island
| # | City | Median Rent | Median Income | Home Value |
|---|---|---|---|---|
| 1 | Woonsocket | $1,116 | $58,614 | $268,000 |
| 2 | Pawtucket | $1,152 | $67,436 | $286,200 |
| 3 | East Providence | $1,262 | $79,660 | $322,100 |
| 4 | Warwick | $1,299 | $87,536 | $322,000 |
| 5 | Cranston | $1,332 | $87,716 | $348,800 |
Most Expensive Cities in Rhode Island
| # | City | Median Rent | Median Income | Home Value |
|---|---|---|---|---|
| 1 | Newport | $1,612 | $83,562 | $669,500 |
| 2 | Providence | $1,333 | $66,772 | $322,800 |
| 3 | Cranston | $1,332 | $87,716 | $348,800 |
| 4 | Warwick | $1,299 | $87,536 | $322,000 |
| 5 | East Providence | $1,262 | $79,660 | $322,100 |
Highest Income Cities in Rhode Island
| # | City | Median Income | Median Rent | Population |
|---|---|---|---|---|
| 1 | Cranston | $87,716 | $1,332 | 82,632 |
| 2 | Warwick | $87,536 | $1,299 | 82,871 |
| 3 | Newport | $83,562 | $1,612 | 25,029 |
| 4 | East Providence | $79,660 | $1,262 | 46,970 |
| 5 | Pawtucket | $67,436 | $1,152 | 75,280 |
All Cities in Rhode Island
| City | Population | Income | Rent | Home Value |
|---|---|---|---|---|
| Providence | 190,214 | $66,772 | $1,333 | $322,800 |
| Warwick | 82,871 | $87,536 | $1,299 | $322,000 |
| Cranston | 82,632 | $87,716 | $1,332 | $348,800 |
| Pawtucket | 75,280 | $67,436 | $1,152 | $286,200 |
| East Providence | 46,970 | $79,660 | $1,262 | $322,100 |
| Woonsocket | 43,074 | $58,614 | $1,116 | $268,000 |
| Newport | 25,029 | $83,562 | $1,612 | $669,500 |
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. State averages calculated from cities with population over 25,000.