Cost of Living in Providence County, RI

What does it cost to live in Providence County? Income, housing, and affordability breakdown.

Median Income

$72,579

Median Rent

$1,161/mo

Median Home

$310,500

Affordability

294

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$1,570
Property Tax$383
Insurance$104

Total Monthly$2,057
% of Income34%

Renting

Median Rent$1,161
Renter's Insurance$25

Total Monthly$1,186
% of Income19.2%

Living in Providence County, Rhode Island

Providence County has a median household income of $72,579 with housing costs that represent 34% of income for owners and 19.2% for renters. Housing costs exceed the recommended 30% threshold, suggesting affordability challenges.

The affordability index of 294 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Family and education

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.