Income Reality in Rhode Island — Taxes, Housing & Salary
New England charm, Boston proximity, above-average costs
Data: 2026-Q2 · BLS · HUD · KFFIncome tax overview
Rhode Island has a top income tax rate of 5.99%.
Housing snapshot
Median 1BR rent in Providence is approximately $1,500-$1,700.
Cost of living summary
At an index of 108, Rhode Island is about 8% more expensive than the national average of 100.
Rhode Island is the smallest state but offers New England coastal charm. Providence is a growing arts and education center. Costs are above average but below Boston.
Major cities
Salary reality examples
Moderate in Providence. Above-average costs are the primary challenge.
Good purchasing power. Rhode Island is more affordable than Boston.
Comfortable statewide.
FAQ — Income Reality in Rhode Island
Is Rhode Island expensive?
Rhode Island has a cost of living index of 108, about 8% above the national average. It is more affordable than neighboring Massachusetts.
What is Rhode Island's income tax rate?
Rhode Island has a top income tax rate of 5.99%.
Related tools
Cost of Living Index from C2ER. This is a picture, not a verdict.