Living Cost Compare
Cranston

Rhode Island

$1,330/mo est.

vs
New York City

New York

$2,010/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 $2,010 in New York City, NY. Overall, Cranston, RI is roughly 34% cheaper to live in day-to-day than New York City, NY, driven mainly by rent.

Median household income is $87,716 in Cranston, RI and $79,713 in New York City, NY — about 9% higher in Cranston, RI. Rhode Island has a top state income tax rate of 5.99% and a 7% state sales tax; New York has a top state income tax rate of 10.90% and a 4% state sales tax.

Rent

Studio
$1,633
1 Bedroom
$1,032
$1,705
+65% in New York City, NY
2 Bedroom
$1,438
$1,781
+24% in New York City, NY
3 Bedroom
$1,688
$2,065
+22% in New York City, NY

Buying a Home

Median Home Value
$348,800
$751,700
+116% in New York City, NY

Income

Median Household Income
$87,716
$79,713
+9% in Cranston, RI
Metro Median Wage (annual)
$53,680
$61,430
+14% in New York City, NY

People & Lifestyle

Median Age
40.1 yr
38.0 yr
+2.1 yr in Cranston, RI
Homeownership
67.3%
32.8%
+34.5 pp in Cranston, RI
Bachelor's+ (25+)
35.8%
41.0%
+5.2 pp in New York City, NY
Avg Commute
23.8 min
40.6 min
+16.8 min in New York City, NY

Crime (per 100k/yr)

Violent Crime
93.1
694
+645% in New York City, NY
Property Crime
1,065.4
2,415.4
+127% in New York City, NY

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
55.0°F
+3.4°F in New York City, NY
Annual Precipitation
47.2 in
49.9 in
+2.8 in in New York City, NY

Gas

Regular Gasoline
$3.94/gal
$4.08/gal
+4% in New York City, NY

Area: East Coast (PADD 1) vs New York City.

Public Transit

Base Fare (one-way)
$3.00

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

Utilities

Electricity (¢/kWh)
29.2
29.5
+1% in New York City, NY
Natural Gas ($/MCF)
$25.75
$27.01
+5% in New York City, NY

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

Groceries

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

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

State Taxes

Sales Tax (RI / NY)
7%
4%
+3.0 pp in RI
Income Tax (top rate)
5.99%
10.90%
+4.9 pp in NY

Cranston vs New York City — FAQ

Is it cheaper to live in Cranston or New York City?
Cranston, RI is cheaper. Its monthly baseline of $1,330 (1BR rent + utilities) runs about 34% below New York City, NY's $2,010, mainly because of rent.
How much more do you need to earn to live in Cranston than in New York City?
To keep rent near the recommended 30% of gross income, you'd want to earn roughly $41,000 a year in Cranston versus $68,000 in New York City.
Which has lower taxes, Cranston or New York City?
Cranston is taxed under Rhode Island's rules (a top state income tax rate of 5.99% and a 7% state sales tax); New York City under New York's (a top state income tax rate of 10.90% and a 4% 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).