Providence-Warwick cost of living
Prices in the Providence-Warwick, RI-MA metro area run at 101.8 against a national average of 100, ranking it #59 of 387 metros. Rents there sit at 103.9.
What drives the number
Prices in Providence-Warwick run at 101.8 where the national average is 100, so about 1.8 per cent above the country as a whole. It ranks #59 of 387 metro areas. Against Rhode Island as a whole it is 0.5 points less expensive, which is the unusual direction, and it means the expensive part of the state is somewhere else.
The parts move together here rather than pulling against each other: goods at 97.1, rents at 103.9, other services at 148.8. Goods are close to national almost everywhere, because most are shipped and priced nationally, so it is worth noticing when rents behave the same way.
Comparing a job here against one elsewhere on the headline salary alone will mislead by roughly 1.8 per cent. Adjusting by the parity fixes that.
The vertical line is the national average of 100. Source: U.S. Bureau of Economic Analysis, Regional Price Parities, SARPP, 2024.
What the biggest local jobs are really worth
The same pay buys different amounts in different places, so a salary quoted in Providence-Warwick is not comparable to one quoted elsewhere until it is divided by the local parity. These are the occupations that employ the most people here, with the quoted median alongside what that median is worth at national prices.
| Occupation | Employed | Median pay | Worth nationally | U.S. median |
|---|---|---|---|---|
| Fast Food and Counter Workers | 20,320 | $31,480 | $30,923 | $30,480 |
| Retail Salespersons | 19,420 | $34,910 | $34,293 | $34,580 |
| Home Health and Personal Care Aides | 16,400 | $39,520 | $38,821 | $34,900 |
| Registered Nurses | 15,770 | $97,220 | $95,501 | $93,600 |
| Cashiers | 15,340 | $33,370 | $32,780 | $31,190 |
| General and Operations Managers | 14,290 | $109,030 | $107,102 | $102,950 |
| Waiters and Waitresses | 14,290 | $36,590 | $35,943 | $33,760 |
| Stockers and Order Fillers | 12,340 | $36,310 | $35,668 | $37,090 |
Pay from the BLS metro survey, adjusted by dividing by the metro parity of 101.8.
Nearby metro areas
| Metro area | All items | Rents | Rank |
|---|---|---|---|
| Boston-Cambridge-Newton | 108.3 | 148.4 | #19 |
| Worcester | 102.5 | 113.0 | #52 |
| Amherst Town-Northampton | 100.2 | 97.5 | #84 |
| Barnstable Town | 98.4 | 90.0 | #103 |
| Springfield | 96.1 | 75.8 | #144 |
| Pittsfield | 95.1 | 73.5 | #166 |
Providence-Warwick: common questions
Is Providence-Warwick expensive?
Prices are 1.8% above the national average, a parity of 101.8 where the country is 100. It ranks #59 of the 387 metro areas BEA measures. Against Rhode Island as a whole it is 0.5 points less expensive.
What salary do you need in Providence-Warwick?
The median worker there earns $51,250, which buys what $50,344 buys nationally once local prices are taken into account. Comparing a salary offer between cities without this adjustment is comparing nothing useful.
Is housing the reason?
Usually. Rents here are at 103.9 against goods at 97.1. Goods barely vary between American cities because most are shipped and priced nationally; housing varies enormously, and it dominates any cost of living comparison.