Cost of Living in Providence County, RI
Population 664,854 · Census ACS 2020–2024 5-year estimates
The median rent in Providence County, RI is $1,312/month, 2% lower than the Rhode Island median and 7% lower than the U.S. median. The median home value is $373,600, 12% higher than the national median. Households earn a median of $78,787 a year, 10% lower than the state median.
Affordability
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Providence County vs. Rhode Island vs. U.S.
| Providence County | Rhode Island | U.S. | |
|---|---|---|---|
| Median rent | $1,312 | $1,342 | $1,413 |
| Median home value | $373,600 | $404,200 | $332,700 |
| Median household income | $78,787 | $87,796 | $80,734 |
| Homeownership rate | 56.9% | 63.6% | 65.2% |
| Bachelor's degree or higher | 32.3% | 37.7% | 35.7% |
| Poverty rate | 13.4% | 11.2% | 12.5% |
| Unemployment rate | 6.6% | 5.8% | 5.2% |
| Work from home | 12.3% | 13.0% | 15.1% |
| Median age | 38.0 | 40.6 | 38.9 |
FAQ
What is the average rent in Providence County, RI?
The median gross rent in Providence County, RI is $1,312 per month (ACS 2020–2024 5-year estimate).
How much do I need to earn to live in Providence County, RI?
Using the common 30% rule, renting a median-priced home takes about $52,480 a year in gross income.
Is Providence County, RI expensive to live in?
Rent there is 7% lower than the U.S. median, and the median home costs about 4.7 times the median household income.
Other counties in Rhode Island
Counties with a similar cost of living
Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
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