Cost of Living: Cranston, RI vs Providence, RI
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,167/mo in Cranston, RI versus $4,167/mo in Providence, RI. In the model, rent is about 19.41% of gross in Cranston, RI versus 19.42% in Providence, RI, so Cranston, RI tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Cranston, RI and Providence, RI.
At a glance
- Cheaper overall (lower cost-of-living index): Cranston, RI
- Lower rent (median 1BR/2BR): Cranston, RI
- Lower home prices: Providence, RI
- Higher median household income: Cranston, RI
Cost of Living Index
Cranston, RI: 100 (U.S. = 100) · Providence, RI: 105.8 (U.S. = 100)
Cranston, RI has a lower cost-of-living index than Providence, RI, so a given salary generally stretches further there.
Median Rent
Cranston, RI: $1,266/mo (midpoint of 1BR/2BR) · Providence, RI: $1,267/mo
Median rent in Providence, RI is $1/mo higher than in Cranston, RI.
Median Home Price
Cranston, RI: $348,800 · Providence, RI: $322,800
Median home price in Cranston, RI is $26,000 higher than in Providence, RI.
Median Household Income
Cranston, RI: $87,716 · Providence, RI: $66,772
Cranston, RI has a higher median household income than Providence, RI by $20,944.
Cranston, RI overview · Providence, RI overview · Popular comparisons