Rhode Island
Wage: $64,530 ($31.03/hr)
Home Price: $431,468
Rent: $1,992/mo
Overview
Overview of Rhode Island
Homes in Rhode Island are priced above average at $431,468, and a dollar goes slightly less far than the national average ($98.70 value). Rhode Island has a moderate property crime rate of 12.85 incidents per 1,000 people.
Curious what your salary would look like after taxes in Rhode Island? Try our free tax calculators.
Compared to the national average, Rhode Island the difference in median home prices is 24.05% – positive being higher than the national average, negative being lower. The difference in the value of $100 is -4.46% – positive meaning you can buy more with $100, negative meaning less.
Average rent disparity compared to the national average is 24.61% and property crime is -32.07%.
Counties
Providence, Kent, Washington
Zip Codes
02901, 02852, 02904
Popular Metro Area
Providence-Warwick
Most Populated City
Providence
Median Home Price
$431,468
Value of $100
$98.7
Average Monthly Rent
$1,992
Property Crime Per 1000
12.85
Cost of Living
Cost of Living in Rhode Island
The average monthly cost of living expenses in Rhode Island including: energy, internet, phone bills and miscellaneous expenses.
Total Utilities Cost Per Month
$440
Energy Bill
$130.40
Monthly Water Bill
$32
Monthly Internet
$20
Natural Gas (Utilities)
$95
Monthly Phone Bill
$114
Streaming Services
$48.25
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Crime
Crime in Rhode Island
Typical crime rates in Rhode Island including: Crime Rate Per 100k Residents, Violent Crime Per 100k Residents, and Non-Violent Crime Per 100k Residents.
Population
1,097,379
Crime Rate Per 100k Residents
2721.72
Violent Crime Per 100k Residents
230.82
Non-Violent Crime Per 100k Residents
2490.907
Jobs
Jobs in Rhode Island
Key job metrics including: Unemployment Rate, Average Wage, and Labor Force Participation.
Job Growth Rate (%)
1.85
Unemployment Rate (%)
3.93
Job Openings Level
28,000
Annual Average Wage
$64,530
Hourly Average Wage
$31.03
Labor Force Participation (%)
64.5
Taxes
Taxes in Rhode Island
Tax rates including: state, local, and combined sales tax rate.
State Sales Tax
7%
Average Local Sales Tax
0%
Combined Sales Tax Rate
7%
Our cost of living database is in beta. Found an error? Let us know →
References
We use original research, government sources, and trusted private organizations such as the U.S. Census Bureau, American Community Survey, Zillow, RentCafe, Tax Foundation, Forbes Advisor, Forbes Home, NCSL, U.S. Bureau of Labor Statistics, and the Federal Bureau of Investigation.