MOVING TO RHODE ISLAND

Moving to Rhode Island: Cost of Living, Housing & More

Compare verified statewide housing, income, work, commuting, taxes and price-level data before choosing a city or neighborhood.

Compare Rhode Island With Your State

Rhode Island Quick Takeaways

Overall price level102.3 (U.S. = 100)
Median home value$404,200 · 21.5% above U.S.
Median rent$1,342 · 5.0% below U.S.
Household income$87,796 · 8.9% above U.S.

These are statewide benchmarks. Your actual move depends on the city, household, housing choice, job, taxes and other local costs.

Rhode Island at a Glance

StatisticRhode IslandU.S.
Population1,101,801336,806,231
Median household income$87,796$80,610
Per-capita income$47,150$44,321
Median home value$404,200$332,700
Median gross rent$1,342$1,413
Homeownership63.6%65.2%
Poverty rate11.2%12.5%
Unemployment4.3%4.0%
Labor-force participation65.0%63.3%
Bachelor's degree+37.7%36.2%
Uninsured4.4%8.0%
Mean commute27.4 min27.2 min
BEA overall price level102.3100.0
BEA goods price level97.2100.0
BEA housing-rent price level105.6100.0
BEA utilities price level146.7100.0
BEA other-services price level102.8100.0

Cost of Living in Rhode Island

BEA's 2024 overall Regional Price Parity is 102.3, where the national price level equals 100.

Housing in Rhode Island

Median home value is $404,200, median gross rent is $1,342, and homeownership is 63.6%.

Income & Jobs

Median household income is $87,796. The 2024 annual-average unemployment rate is 4.3%.

Education & Health Coverage

Bachelor's degree or higher: 37.7%. Uninsured: 4.4%.

Commute

Statewide mean commute: 27.4 min. Use local commute data for a specific metro or neighborhood.

Use This Guide With Your Move Plan

Compare Rhode Island with your current state, then use the moving calculators and checklist for a household-specific plan.

Taxes, Climate & New-Resident Tasks in Rhode Island

2026 State Tax Context

Graduated individual income tax; top marginal rate 5.99%.

State sales tax: 7.00%. Population-weighted average combined state/local sales tax: 7.00%.

Marginal rates are not effective tax rates and do not estimate your personal tax bill. Local income taxes, deductions, credits, filing status and taxable-income definitions can materially change results.

Climate Baseline

OSG uses NOAA/NCEI's 1991–2020 U.S. Climate Normals as the climate baseline. Climate comparisons will use location/station normals rather than inventing one statewide temperature.

NOAA Climate Normals source

Provider status: Tax context: 2026. Climate baseline: NOAA 1991–2020. Regulatory links: official government directories. Last verified 2026-09-21.

Migration & Jobs in Rhode Island

Bottom line: Migration and career data answer different questions. Census migration estimates show population movement, while BLS OEWS measures employment and wages by occupation; OSG keeps them separate and shows the source period for each.

2025 Migration Trend

Net domestic migration-1,551
Domestic migration rate-1.39 per 1,000
Net international migration5,923
Natural change-304
Census Vintage 2025 population estimates.

Top 2024 Inbound Corridors

  1. Massachusetts → Rhode Island: 11,568 ±2,985
  2. New York → Rhode Island: 3,967 ±1,731
  3. Connecticut → Rhode Island: 2,786 ±768
  4. Florida → Rhode Island: 2,738 ±1,851
  5. California → Rhode Island: 1,959 ±1,072
ACS 2024 1-year estimate; ± is the 90% margin of error.

Top 2024 Outbound Corridors

  1. Rhode Island → Massachusetts: 15,235 ±4,211
  2. Rhode Island → Florida: 2,205 ±1,011
  3. Rhode Island → Connecticut: 2,143 ±790
  4. Rhode Island → New York: 1,485 ±739
  5. Rhode Island → California: 1,458 ±1,002
ACS 2024 1-year estimate; these are survey estimates, not exact administrative counts.

Jobs & Salaries

OccupationEmploymentMean wage
Accountants and Auditors6,570$99,880
Software Developers5,070$129,080
Electrical Engineers670—
Civil Engineers1,270$110,560
Mechanical Engineers1,560$124,290
Registered Nurses10,090$101,260
BLS OEWS May 2025 state cross-industry estimates.

Sources: U.S. Census Bureau ACS 2024 state-to-state migration flows; Census Vintage 2025 Population Estimates; BLS OEWS May 2025 when occupation records are available.

Sources & data periods: Census ACS 2020–2024; BLS 2024 annual averages; BEA 2024 RPP; 2026 state tax context; NOAA 1991–2020 Climate Normals. Statewide figures can differ from local conditions. How we use data.
Data disclaimer: Statistics are compiled from third-party and government sources such as the U.S. Census Bureau, Bureau of Labor Statistics, Bureau of Economic Analysis, NOAA, and state agencies. Data may be delayed, revised, estimated, incomplete, or differ from local conditions. Verify important figures, tax rules, costs, and decisions with the linked original source or appropriate government agency before relying on them.