Living Cost Compare
Providence

Rhode Island

$1,330/mo est.

vs
Warwick

Rhode Island

$1,390/mo est.

Monthly estimate = 1BR rent + electricity + gas

A one-person monthly baseline (1BR rent plus typical utilities) runs $1,330 in Providence, RI versus $1,390 in Warwick, RI. Overall, Providence, RI is roughly 4% cheaper to live in day-to-day than Warwick, RI, driven mainly by rent.

Median household income is $66,772 in Providence, RI and $87,536 in Warwick, RI — about 24% higher in Warwick, 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
$923
+17% in Providence, RI
1 Bedroom
$1,030
$1,085
+5% in Warwick, RI
2 Bedroom
$1,323
$1,629
+23% in Warwick, RI
3 Bedroom
$1,627
$1,569
+4% in Providence, RI

Buying a Home

Median Home Value
$322,800
$322,000
+0% in Providence, RI

Income

Median Household Income
$66,772
$87,536
+31% in Warwick, RI
Metro Median Wage (annual)
$53,680
$53,680
about equal

People & Lifestyle

Median Age
32.9 yr
44.6 yr
+11.7 yr in Warwick, RI
Homeownership
41.2%
73.4%
+32.2 pp in Warwick, RI
Bachelor's+ (25+)
34.7%
33.2%
+1.5 pp in Providence, RI
Avg Commute
25.0 min
25.0 min
about equal

Crime (per 100k/yr)

Violent Crime
282.4
79.5
+72% in Providence, RI
Property Crime
1,665.6
1,149.5
+31% 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

Providence vs Warwick — FAQ

Is it cheaper to live in Providence or Warwick?
Providence, RI is cheaper. Its monthly baseline of $1,330 (1BR rent + utilities) runs about 4% below Warwick, RI's $1,390, mainly because of rent.
How much more do you need to earn to live in Providence than in Warwick?
To keep rent near the recommended 30% of gross income, you'd want to earn roughly $41,000 a year in Providence versus $43,000 in Warwick.
Which has lower taxes, Providence or Warwick?
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).