Living Cost Compare
Cranston

Rhode Island

$1,330/mo est.

vs
Louisville

Kentucky

$1,070/mo est.

Monthly estimate = 1BR rent + electricity + gas

A one-person monthly baseline (1BR rent plus typical utilities) runs $1,330 in Cranston, RI versus $1,070 in Louisville, KY. Overall, Louisville, KY is roughly 20% cheaper to live in day-to-day than Cranston, RI, driven mainly by rent.

Median household income is $87,716 in Cranston, RI and $64,731 in Louisville, KY — about 26% higher in Cranston, RI. Rhode Island has a top state income tax rate of 5.99% and a 7% state sales tax; Kentucky has a top state income tax rate of 3.50% and a 6% state sales tax.

Rent

Studio
$786
1 Bedroom
$1,032
$877
+15% in Cranston, RI
2 Bedroom
$1,438
$1,096
+24% in Cranston, RI
3 Bedroom
$1,688
$1,299
+23% in Cranston, RI

Buying a Home

Median Home Value
$348,800
$221,500
+36% in Cranston, RI

Income

Median Household Income
$87,716
$64,731
+26% in Cranston, RI
Metro Median Wage (annual)
$53,680
$48,370
+10% in Cranston, RI

People & Lifestyle

Median Age
40.1 yr
37.7 yr
+2.4 yr in Cranston, RI
Homeownership
67.3%
60.6%
+6.7 pp in Cranston, RI
Bachelor's+ (25+)
35.8%
33.4%
+2.4 pp in Cranston, RI
Avg Commute
23.8 min
22.7 min
+1.1 min in Cranston, RI

Crime (per 100k/yr)

Violent Crime
93.1
763.4
+720% in Louisville, KY
Property Crime
1,065.4
3,536.6
+232% in Louisville, KY

FBI Crime Data Explorer. Offenses per 100,000 residents per year; agency reporting practices vary, so this is approximate.

Climate

Avg Annual Temperature
51.6°F
58.2°F
+6.6°F in Louisville, KY
Annual Precipitation
47.2 in
44.9 in
+2.3 in in Cranston, RI

Gas

Regular Gasoline
$3.94/gal
$3.85/gal
+2% in Cranston, RI

Area: East Coast (PADD 1) vs Midwest (PADD 2).

Public Transit

Base Fare (one-way)
$1.75

Adult base one-way fare — vs TARC (2026).

Utilities

Electricity (¢/kWh)
29.2
14.3
+51% in Cranston, RI
Natural Gas ($/MCF)
$25.75
$33.20
+29% in Louisville, KY

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

Groceries

Milk (gal)
$4.31
$4.00
+7% in Cranston, RI
Bread (lb)
$1.92
$1.75
+9% in Cranston, RI
Eggs (doz)
$2.19
$2.21
+1% in Louisville, KY
Ground Beef (lb)
$6.90
$6.45
+6% in Cranston, RI
Chicken (lb)
$2.19
$1.90
+13% in Cranston, RI
Bananas (lb)
$0.69
$0.62
+11% in Cranston, RI

Average prices — Northeast vs South (BLS). Regional where available, otherwise U.S. average.

State Taxes

Sales Tax (RI / KY)
7%
6%
+1.0 pp in RI
Income Tax (top rate)
5.99%
3.50%
+2.5 pp in RI

Cranston vs Louisville — FAQ

Is it cheaper to live in Cranston or Louisville?
Louisville, KY is cheaper. Its monthly baseline of $1,070 (1BR rent + utilities) runs about 20% below Cranston, RI's $1,330, mainly because of rent.
How much more do you need to earn to live in Cranston than in Louisville?
To keep rent near the recommended 30% of gross income, you'd want to earn roughly $41,000 a year in Cranston versus $35,000 in Louisville.
Which has lower taxes, Cranston or Louisville?
Cranston is taxed under Rhode Island's rules (a top state income tax rate of 5.99% and a 7% state sales tax); Louisville under Kentucky's (a top state income tax rate of 3.50% and a 6% state sales tax).

Sources: US Census Bureau, ACS 5-Year (rent, income, home value, demographics); NOAA Climate Normals 1981–2010 (climate); EIA weekly retail (gas); Tax Foundation 2026 (state taxes).