Cost of Living: Warwick, RI vs Woonsocket, RI

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,167/mo in Warwick, RI versus $4,167/mo in Woonsocket, RI. In the model, rent is about 18.93% of gross in Warwick, RI versus 16.27% in Woonsocket, RI, so Woonsocket, RI tends to feel more affordable for rent.

Take-home in Warwick, RI
$4,167/mo
Income level: below
Take-home in Woonsocket, RI
$4,167/mo
Income level: above
Rent share (1BR) in Warwick, RI
18.93%
COLI tier: mid-range
Rent share (1BR) in Woonsocket, RI
16.27%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Warwick, RI and Woonsocket, RI.

At a glance

  • Cheaper overall (lower cost-of-living index): Woonsocket, RI
  • Lower rent (median 1BR/2BR): Woonsocket, RI
  • Lower home prices: Woonsocket, RI
  • Higher median household income: Warwick, RI

Cost of Living Index

Warwick, RI: 100 (U.S. = 100) · Woonsocket, RI: 100 (U.S. = 100)

Both cities have the same cost-of-living index (U.S. average = 100).

Median Rent

Warwick, RI: $1,234/mo (midpoint of 1BR/2BR) · Woonsocket, RI: $1,061/mo

Median rent in Warwick, RI is $173/mo higher than in Woonsocket, RI.

Median Home Price

Warwick, RI: $322,000 · Woonsocket, RI: $268,000

Median home price in Warwick, RI is $54,000 higher than in Woonsocket, RI.

Median Household Income

Warwick, RI: $87,536 · Woonsocket, RI: $58,614

Warwick, RI has a higher median household income than Woonsocket, RI by $28,922.

Warwick, RI overview · Woonsocket, RI overview · Popular comparisons