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Cost of living in Rhode Island

What it costs to live in Rhode Island today, and what changes if you move. Pick a destination below for a full side-by-side on housing, tax and everyday prices. Moving to Rhode Island instead?

Rhode Island at a glance

Median home value
$404,200
Median rent
$1,342/mo
Median household income
$87,796
State income tax
Up to 5.99%
Property tax
1.21% of value
State sales tax
7.00%

Medians for the state, not a particular home or household.

Run this with your own numbers

Estimates only, not advice. Housing and income figures come from the U.S. Census Bureau's American Community Survey (2024); price levels from the Bureau of Economic Analysis (2024); tax rates are for the 2026 tax year, compiled from state revenue departments and the Tax Foundation. Every figure is a median or average for the state and will not match any particular household.