Average Rent Cost in Providence, RI

COL Index: 107.3 Pop: 190,934 ↑ Rising

The average rent cost cost in Providence, RI is $0 per month, which is 100.0% below the national average of $1,372.

Rent Costs: Providence vs. National Average

Metric Providence National Average Difference Trend
Rent (Monthly) $0 $1,372 -100% ↑ Rising

Full Cost of Living Breakdown for Providence

Expense Category Providence (Monthly) National Average Difference
Rent $1,425 $1,372 +3.9%
Groceries $495 $475 +4.2%
Utilities $215 $185 +16.2%
Transportation $175 $225 -22.2%
Childcare $1,600 $1,450 +10.3%
Healthcare $490 $475 +3.2%
Dining Out $300 $290 +3.4%
Total Monthly $4,700

Monthly Budget Recommendation for Providence

Based on current cost of living data, plan for approximately $4,700 per month to cover all major living expenses in Providence, RI.

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Average Rent Cost in Providence, RI

The average monthly rent cost cost in Providence, RI is $0, which is 100.0% lower than the national average of $1,372 per month.

Providence has a cost of living index of 107.3 (100 = national average).

Data sourced from BLS Consumer Expenditure Survey, Census Bureau American Community Survey (ACS), and HUD Fair Market Rents. Figures reflect 2026 estimates and may vary based on household size and lifestyle.