Rhode Island Cost of Living
Housing costs and affordability data for 5 counties.
Average Monthly Rent
$1,362/mo
Average Home Value
$434,100
Average Owner Cost
$1,861/mo
▲17% above national average rent
At a Glance
Average Monthly Rent
$1,362/mo
17% above national median
Average Home Value
$434,100
54% above national median
Avg. Monthly Owner Cost
$1,861/mo
11% above national median
Affordability Rating
Affordable
Avg. rent under 30% of income
Most Expensive Counties
All Rhode Island Counties
| County | Median Rent | Home Value | Owner Cost | Rent/Income |
|---|---|---|---|---|
| Newport County | Expensive$1,652/mo | $559,700 | $1,899/mo | 30.0% |
| Bristol County | Moderate$1,348/mo | $468,000 | $2,080/mo | 27.0% |
| Washington County | Moderate$1,303/mo | $469,800 | $1,837/mo | 30.0% |
| Kent County | Moderate$1,264/mo | $333,900 | $1,775/mo | 30.0% |
| Providence County | Moderate$1,242/mo | $339,100 | $1,712/mo | 28.0% |
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Compare Moving QuotesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.