Rhode Island Data

Rank #27 / 50
Cost of Living
Rank #25
National Avg
January 2026
Updated
mortgage rate
5.15
median monthly rent
1550

Rhode Island Cost of Living (2026) — How It Compares to Other States

Cost of living ranking (1=most expensive)

Rates by StateCost of LivingRhode Island
StateCost of Living (index)vs National
→ Rhode IslandRank #27 / 50-NaN%
→ Rhode Island$1,200-$3,000-NaN%
→ Rhode Island$200-$325/hr-NaN%
→ Rhode Island5.99%+19.8%
→ Rhode Island5.15%+3.0%
→ Rhode Island1.32% APY+10.0%
→ Rhode Island$150–$350-NaN%

Frequently Asked Questions

What are Rhode Island cost of living in 2026?
Rhode Island cost of living are currently Rank #27 / 50 as of January 2026. The national average is Rank #25. Rhode Island is at or below the national average.
How do Rhode Island cost of living compare to other states?
Rhode Island cost of living of Rank #27 / 50 compare to a national average of Rank #25. Rates vary by state based on local market conditions, legislation, and economic factors.
Where can I find the best cost of living in Rhode Island?
Compare multiple providers and verify credentials before committing to any financial service in Rhode Island.
Is Rhode Island an expensive state to live in?
Rhode Island has a cost of living index of Rank #27 / 50 compared to a national baseline of 100. Rhode Island is more affordable than the national average — residents typically pay less for housing, groceries, utilities, and transportation than most Americans.

Plan Your Budget

See how your income stretches in Rhode Island and build a realistic budget.

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