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City guide · Rhode Island

Moving to Providence, RI

Brown, food scene, walkable.

Pop. 191kCost index 102.4 · 100 = US avgMedian rent $1,800/moMedian home $400kWalk score 78

Sources: BEA Regional Price Parities 2024 · EIA electricity (live) city-level

Providence (metro area) has an overall price level 102.4 (US avg = 100). Housing dominates the difference.

Overall price index
102.4
Housing index
105.6
Groceries index (modeled)
100.6
Utilities index (modeled)
100.4
Electricity rate
29.9 ¢/kWh
Transportation index (modeled)
100.5
Median home value (est.)
$400,000
Median monthly rent (est.)
$1,800/mo

Sources: BLS LAUS 2026-04 · Census ACS 2024 (live) state-level

Rhode Island unemployment is 4.5% with median household income $84k.

Unemployment rate
4.5%
Median household income
$83,504
Per-capita income
$47,260
Labor-force participation
65.6%
Right-to-work state
No
Nurse Licensure Compact
Member

Sources: FEMA NRI 2025 · Census ACS 2024 (live) city-level

Providence: median home value $400,000.

Home value
$400,000
Rent
$1,800/mo
Homeownership rate
63.0%
Natural-hazard risk (FEMA county avg)
57/100
Hurricane exposure
Low
Wildfire exposure
Low
Tornado risk
Low
Earthquake risk
Low

Sources: NAEP 2024 · NCES CCD · College Scorecard (live) · internal estimates state-level

Rhode Island 4th-grade math proficiency: 38.4% at/above NAEP proficient.

4th-grade math proficiency
38.4%
Per-pupil spending
$18,225
Student–teacher ratio (est.)
15
Public 4-yr grad rate
61.0%
Notable universities
Public flagship + regional schools

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