How Much Does It Cost to Live Comfortably in Providence?

Cost of Housing

Average Rent: A one-bedroom apartment in the city center can range from $1,500 to $2,200 per month.
Utilities: Monthly utilities (electricity, heating, cooling, water, and garbage) average around $150 to $250.

Groceries: Monthly grocery costs for one person can range from $250 to $400, depending on dietary habits.
Transportation: Public transit passes cost approximately $70 per month, while owning a car includes insurance, fuel, and maintenance.

Dining Out: A meal at a mid-range restaurant typically costs around $15 to $30 per person.
Entertainment: Movie tickets are about $12, while local events may vary in price.

1. What is the average salary in Providence?

The average salary in Providence is approximately $55,000 per year, though this can vary widely based on industry and experience.

2. Is it more expensive to live in the suburbs?

Suburban areas can offer larger homes, but prices vary significantly; some may be more affordable than city living.

3. Are there any tax considerations?

Rhode Island has a state income tax that can affect your net income, so it’s important to factor that into your budget.

4. How do housing costs compare to nearby cities?

Providence's housing costs are generally lower than those in Boston but higher than some rural areas in Rhode Island.

5. What utilities should I expect to pay?

Utilities can average around $150 to $250 per month, depending on usage and the size of your home.

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[Grocery & Food Costs in Providence: What to Expect](/ri/providence/guides/grocery-food-costs-providence)
[Cost of Living in Providence](/ri/providence/guides/cost-of-living-providence-ri)
[How Far Does $75k Go in Providence?](/ri/providence/guides/how-far-does-75k-go-in-providence)