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Home » United States » Is Providence Rhode Island Expensive?

Is Providence Rhode Island Expensive?

December 14, 2021 by Trevor Zboncak

An Affordable Place to Live on the East Coast Providence has a similar look and feel to other New England cities like Boston and New Haven, but it offers more affordable living. In fact, the city’s cost of living is only 8% higher than the national average, and its cost of housing is 5% lower than the national average.

Contents

Is it expensive to live in Providence RI?

Providence cost of living is 105.1

COST OF LIVING Providence Rhode Island
Grocery 105.1 106.5
Health 84.4 81.9
Housing 91 123.4
Median Home Cost $294,500 $375,800

Is Rhode Island expensive to live in?

An amount below 100 means Rhode Island is cheaper than the US average. A cost of living index above 100 means Rhode Island, Rhode Island is more expensive.
Rhode Island cost of living is 110.6.

COST OF LIVING Rhode Island United States
Housing 123.4 100
Median Home Cost $375,800 $291,700
Utilities 115.9 100

Is Providence cheaper than Boston?

Providence and Boston are very different as far as affordability are concerned. Cost of living in both cities is higher than the national average, but Providence is only 9% more expensive, whereas Boston is 46% more expensive.

Is Rhode Island cheap to live?

The cost of living in the Ocean State is higher than the national average. But when it comes to dollars and sense, there are still affordable places to live. The cost of living in this vibrant community is 9% lower than the state average.

Is it cheaper to live in Massachusetts or Rhode Island?

The cost of living in Boston, MA is 43.4% higher than in Providence, RI. You would have to earn a salary of $86,010 to maintain your current standard of living. Employers in Boston, MA typically pay 7.3% more than employeers in Providence, RI.

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What is the least expensive state to live in?

Mississippi
1. Mississippi. The cheapest state to live in in the United States is Mississippi. Overall, Mississippi’s average cost of living is about 15% lower than the national average cost of living.

Is Rhode Island more expensive than New York?

The cost of living in New York, NY is 62.4% higher than in Newport, RI. You would have to earn a salary of $97,469 to maintain your current standard of living. Employers in New York, NY typically pay 14.2% more than employeers in Newport, RI.

Is Providence RI safe?

The chance of becoming a victim of either violent or property crime in Providence is 1 in 28. Based on FBI crime data, Providence is not one of the safest communities in America. Relative to Rhode Island, Providence has a crime rate that is higher than 100% of the state’s cities and towns of all sizes.

Which US state is most expensive?

Hawaii
There may be no more breathtaking a place than the Aloha State, but prices in Hawaii, America’s most expensive state, will take your breath away, too.

Is Providence a good place to live?

Providence is one of the top 25 best places to live on the East Coast, thanks to its expanding job opportunities.Providence has a similar look and feel to other New England cities like Boston and New Haven, but it offers more affordable living.

Is Providence or Boston colder?

The next coldest city, Milwaukee, lags a long ways behind Minneapolis on all measures.
Coolest Weather.

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City Daily Average
Cleveland, Ohio 51.5 10.8
Boston, Massachusetts 51.5 10.8
Providence, Rhode Island 51.7 10.9

Is Boston or Baltimore bigger?

Boston is even smaller than Baltimore.The first American Catholic cathedral was built in Baltimore, circa 1820.

What is bad about Rhode Island?

Rhode Island still has America’s worst infrastructure. Half of the state’s roads are in less than acceptable condition, according to U.S. Department of Transportation data. That is by far the worst in the country. More than 23% of the state’s bridges are in poor condition, also the worst figure in the nation.

Is it cheaper to live in CT or RI?

You would need around 4,956.04$ in Hartford, CT to maintain the same standard of life that you can have with 4,800.00$ in Providence, RI (assuming you rent in both cities). This calculation uses our Cost of Living Plus Rent Index to compare cost of living. This assumes net earnings (after income tax).

Is Providence a big city?

53.35 km²

Why is Rhode Island Expensive?

Like its northeastern neighbors, Rhode Island has a high cost of living due to a gas tax of 34 cents per gallon, and a housing market with an average home price of 282 600 dollars, according to Zillow.

Is it better to retire in RI or MA?

Rhode Island is the worst state for retirement, according to a new study. The Ocean State placed at the bottom of personal finance social network WalletHub’s list of the best and worst states to retire.The best state in New England to retire is Maine at No. 30, followed by New Hampshire (38) and Massachusetts (39).

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Should I live in RI?

Because Rhode Island is so small, there are lots of activities you can do without driving too far. For example, you can experience the beaches, the city life and rich history all in close proximity. The character and charm that Rhode Island gives off makes for a great place to raise your family.

What is the most expensive state to live in 2021?

Hawaii
Hawaii is the most expensive state to live in in the United States. Hawaii has a cost index of 196.3. The average home price in Hawaii is $1,158,492. The utility index is the highest in the country at 189.5, and the average monthly energy bill is $388.65.

What’s the best state to live in 2021?

The 10 Best States to Live in the U.S.

  • New Jersey.
  • Massachusetts.
  • New York.
  • Idaho.
  • Minnesota.
  • Wisconsin.
  • Utah.
  • New Hampshire.

Filed Under: United States Tagged With: Providence, Rhode Island

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About Trevor Zboncak

Trevor Zboncak is a bit of an old grump, but he's also one of the kindest people you'll ever meet. He loves to travel and see new places, but he's not a fan of airports or long flights. Trevor has been all over the world, and he has some amazing stories to tell. He's also a great photographer, and his pictures will take your breath away.

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