Cost of Living: Woonsocket, RI vs Warwick, 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 Warwick, RI. In the model, rent is about 16.27% of gross in Woonsocket, RI versus 18.93% in Warwick, 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 Warwick, RI
$4,167/mo
Income level: below
Rent share (1BR) in Woonsocket, RI
16.27%
COLI tier: mid-range
Rent share (1BR) in Warwick, RI
18.93%
COLI tier: mid-range

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

At a glance

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

Cost of Living Index

Woonsocket, RI: 100 (U.S. = 100) · Warwick, 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) · Warwick, RI: $1,234/mo

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

Median Home Price

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

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

Median Household Income

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

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

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