Living Cost Compare
Cranston

Rhode Island

$1,330/mo est.

vs
Providence

Rhode Island

$1,330/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 $1,330 in Providence, RI. The two are close overall, within a few percent of each other.

Median household income is $87,716 in Cranston, RI and $66,772 in Providence, RI — about 24% higher in Cranston, RI. Both cities are in Rhode Island, so state taxes are identical: a top state income tax rate of 5.99% and a 7% state sales tax.

Rent

Studio
$1,116
1 Bedroom
$1,032
$1,030
+0% in Cranston, RI
2 Bedroom
$1,438
$1,323
+8% in Cranston, RI
3 Bedroom
$1,688
$1,627
+4% in Cranston, RI

Buying a Home

Median Home Value
$348,800
$322,800
+7% in Cranston, RI

Income

Median Household Income
$87,716
$66,772
+24% in Cranston, RI
Metro Median Wage (annual)
$53,680
$53,680
about equal

People & Lifestyle

Median Age
40.1 yr
32.9 yr
+7.2 yr in Cranston, RI
Homeownership
67.3%
41.2%
+26.1 pp in Cranston, RI
Bachelor's+ (25+)
35.8%
34.7%
+1.1 pp in Cranston, RI
Avg Commute
23.8 min
25.0 min
+1.2 min in Providence, RI

Crime (per 100k/yr)

Violent Crime
93.1
282.4
+203% in Providence, RI
Property Crime
1,065.4
1,665.6
+56% in Providence, RI

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
51.6°F
about equal
Annual Precipitation
47.2 in
47.2 in
about equal

Gas

Regular Gasoline
$3.94/gal
$3.94/gal
about equal

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

Utilities

Electricity (¢/kWh)
29.2
29.2
about equal
Natural Gas ($/MCF)
$25.75
$25.75
about equal

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 / RI)
7%
7%
about equal
Income Tax (top rate)
5.99%
5.99%
about equal

Cranston vs Providence — FAQ

Is it cheaper to live in Cranston or Providence?
They're close. Cranston, RI runs about $1,330 a month and Providence, RI about $1,330 (1BR rent + utilities) — within a few percent of each other.
How much more do you need to earn to live in Cranston than in Providence?
To keep rent near the recommended 30% of gross income, you'd want to earn roughly $41,000 a year in Cranston versus $41,000 in Providence.
Which has lower taxes, Cranston or Providence?
Neither — both are in Rhode Island, so they share the same state tax rates: a top state income tax rate of 5.99% and a 7% 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).