Living Cost Compare

Cost of Living in Warwick, RI

Population 82,871 · Rhode Island

~$1,390/mo est.1BR $1,085Home $322,000

The cost of living in Warwick, RI is driven mostly by housing. A one-bedroom apartment rents for around $1,085 a month — about the same as the $1,043 median across the 158 large US cities we track. Studios average $923 and two-bedrooms $1,629.

Median household income here is $87,536, 29% higher than the $67,696 median of the cities we track. Adding typical electricity and heating to one-bedroom rent, a rough monthly baseline for one person is about $1,390 before food and transport. Rhode Island has a top state income tax rate of 5.99% and a 7% state sales tax.

Rent1BR $1,085
Studio
$923
1 Bedroom
$1,085
2 Bedroom
$1,629
3 Bedroom
$1,569
Buying a Home$322,000
Median Home Value
$322,000
Income$87,536
Median Household Income
$87,536
Metro Median Wage (annual)
$53,680

Household income: Census ACS, city. Metro median wage: BLS OEWS, all occupations, 2025 (metro area).

GroceriesNortheast
Milk (gal)
$4.31
Bread (lb)
$1.92
Eggs (doz)
$2.19
Ground Beef (lb)
$6.90
Chicken (lb)
$2.19
Bananas (lb)
$0.69

Average prices, Northeast (BLS, 2026-07-01). Regional where available, otherwise U.S. average.

Utilities29.2¢/kWh
Electricity
29.2¢/kWh
Natural Gas
$25.75/MCF

Residential, state-level averages (EIA, 2026-06-01). MCF = 1,000 cubic feet.

Gas$3.94/gal
Regular Gasoline (East Coast (PADD 1))
$3.94/gal

EIA weekly retail average, week of 2026-08-31.

State Taxes (RI)7% sales
State Sales Tax
7%
State Income Tax (top rate)
Up to 5.99%

State-level rates. Local sales taxes may add more. Income tax shown is the top marginal rate; most filers pay less.

Crime79.5 violent
Violent Crime (per 100k/yr)
79.5
Property Crime (per 100k/yr)
1,149.5

FBI Crime Data Explorer, Warwick Police Department (2024). Offenses per 100,000 residents per year. Agency reporting practices vary, so cross-city comparisons are approximate.

People & LifestyleAge 44.6 yrs
Median Age
44.6 yrs
Homeownership
73.4%
Bachelor's+ (25+)
33.2%
Avg Commute
25.0 min
Climate51.6°F
Avg Annual Temperature
51.6°F
Annual Precipitation
47.2 in

Warwick cost of living — FAQ

Is Warwick expensive to live in?
Warwick is on the pricier side of the 158 US cities we track. Its one-bedroom rent of $1,085 per month ranks #70 of 158 and is about the same as the $1,043 median.
What is the average rent in Warwick?
Average rent in Warwick, RI runs a studio around $923, a one-bedroom around $1,085, a two-bedroom around $1,629, a three-bedroom around $1,569 per month (US Census ACS).
How much do you need to earn to live in Warwick?
To keep a one-bedroom rent of $1,085 near the recommended 30% of gross income, you'd want to earn roughly $43,000 a year. The median household income here is $87,536.
How much does it cost to live in Warwick per month?
A rough monthly baseline for one person in Warwick is about $1,390 — one-bedroom rent plus typical residential electricity and heating. It excludes food, transport, and healthcare, so a full budget is higher.

Compare Warwick with nearby cities

Nearby cities

Sources: US Census Bureau, ACS 5-Year (rent, income, home value, demographics); NOAA Climate Normals 1981-2010 (climate); EIA (gas, utilities); BLS Average Price Data (groceries) & OEWS (metro wage); transit agencies (fares); FBI Crime Data Explorer (crime); Tax Foundation 2026 (state taxes). Monthly estimate = 1BR rent + utilities; not a full cost of living.