What Are the Everyday Living Costs in Providence, RI in 2024?
The average monthly cost of living in Providence, RI is $3,867, which is 14% lower than the U.S. average ($4,521). The average monthly cost of rent is $1,542, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $2,325 per month.
Providence, RI is ranked 174th out of the 333 most populated cities in the U.S. for having the lowest cost of living. Therefore, it is considered as one of the expensive cities in which to live in the U.S.
Cost of Living (for Renters / Monthly)
Rent
$1,542
Utilities
$462
Transportation
$152
Groceries
$699
Other
$1,013
Total
$3,868
What Are the Everyday Living Costs in Providence, RI in 2024?
The average monthly cost of living in Providence, RI for singles is $2,591, which is 12% lower than the U.S. average ($2,956). The average monthly cost of rent for singles is $1,023, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $1,568 per month.
Providence, RI is ranked 181st out of the 333 most populated cities in the U.S. for having the lowest cost of living for singles. Therefore, it is considered as one of the expensive cities for singles in which to live in the U.S.
Cost of Living (for Single Renters / Monthly)
Rent
$1,023
Utilities
$272
Transportation
$78
Groceries
$329
Other
$889
Total
$2,591
What Are the Everyday Living Costs in Providence, RI in 2024?
The average monthly cost of living in Providence, RI for couples is $3,847, which is 15% lower than the U.S. average ($4,519). The average monthly cost of rent for couples is $1,565, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $2,282 per month.
Providence, RI is ranked 178th out of the 333 most populated cities in the U.S. for having the lowest cost of living for couples. Therefore, it is considered as one of the expensive cities for couples in which to live in the U.S.
Cost of Living (for Couple Renters / Monthly)
Rent
$1,565
Utilities
$453
Transportation
$155
Groceries
$657
Other
$1,017
Total
$3,847
What Are the Everyday Living Costs in Providence, RI in 2024?
The average monthly cost of living in Providence, RI for single parents is $3,798, which is 9% lower than the U.S. average ($4,172). The average monthly cost of rent for single parents is $1,565, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $2,233 per month.
Providence, RI is ranked 191st out of the 333 most populated cities in the U.S. for having the lowest cost of living for single parents. Therefore, it is considered as one of the expensive cities for single parents in which to live in the U.S.
Cost of Living (for Single Parent Renters / Monthly)
Rent
$1,565
Utilities
$443
Transportation
$132
Groceries
$646
Other
$1,012
Total
$3,798
What Are the Everyday Living Costs in Providence, RI in 2024?
The average monthly cost of living in Providence, RI for families is $5,231, which is 18% lower than the U.S. average ($6,392). The average monthly cost of rent for families is $2,014, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $3,217 per month.
Providence, RI is ranked 163rd out of the 333 most populated cities in the U.S. for having the lowest cost of living for families. Therefore, it is considered as one of the cheaper cities for families in which to live in the U.S.
Cost of Living (for Family Renters / Monthly)
Rent
$2,014
Utilities
$679
Transportation
$242
Groceries
$1,165
Other
$1,132
Total
$5,232
What Salary Do You Need to Live Comfortably in Providence, RI in 2024?
Overall, on average, a gross annual salary of $61,858 is required for an average quality of life in Providence, RI.
Is the Cost of Living High in Providence, RI?
Providence, RI is ranked 174th out of the 333 most populated cities in the U.S. for having the lowest cost of living. Therefore, it is considered one of the expensive cities in which to live in the U.S. Providence, RI's average monthly rent is 27% lower than the U.S. average cost of rent.
Is $50,000 a Good Salary in Providence, RI in 2024?
A gross annual salary of $50,000 in Providence, RI will yield an average annual net salary of $43,882. Considering that the total average annual cost of living in Providence, RI is $46,398, a gross annual salary of $50,000 will be insufficient to cover average living costs.
How Much Should You Pay for Rent in Providence, RI?
The average monthly rent in Providence, RI in the city center is $1,505 for a 1 bedroom apartment, $1,803 for a 2 bedroom apartment and $2,204 for a 3 bedroom apartment. Outside the city center, the average monthly rent in is $1,103 for a 1 bedroom apartment, $1,406 for a 2 bedroom apartment and $1,601 for a 3 bedroom apartment.
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