Cost of Living: Woonsocket, RI vs Cranston, RI

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,167/mo in Woonsocket, RI versus $4,167/mo in Cranston, RI. In the model, rent is about 16.27% of gross in Woonsocket, RI versus 19.41% in Cranston, RI, so Woonsocket, RI tends to feel more affordable for rent.

Take-home in Woonsocket, RI
$4,167/mo
Income level: above
Take-home in Cranston, RI
$4,167/mo
Income level: below
Rent share (1BR) in Woonsocket, RI
16.27%
COLI tier: mid-range
Rent share (1BR) in Cranston, RI
19.41%
COLI tier: mid-range

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

At a glance

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

Cost of Living Index

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

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

Median Rent

Woonsocket, RI: $1,061/mo (midpoint of 1BR/2BR) · Cranston, RI: $1,266/mo

Median rent in Cranston, RI is $205/mo higher than in Woonsocket, RI.

Median Home Price

Woonsocket, RI: $268,000 · Cranston, RI: $348,800

Median home price in Cranston, RI is $80,800 higher than in Woonsocket, RI.

Median Household Income

Woonsocket, RI: $58,614 · Cranston, RI: $87,716

Cranston, RI has a higher median household income than Woonsocket, RI by $29,102.

Woonsocket, RI overview · Cranston, RI overview · Popular comparisons