East Providence, RI

Average · 96

Rhode Island · Population 46,970 · Updated March 2026

$1,262
Median Rent / Month
$79,660
Median Income
$322,100
Median Home Value
$1,428
Owner Costs / Month

Affordability

How far your income goes in East Providence

19.0%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Rhode Island

State-level tax rates that affect your costs

5.99%
Income Tax (Top Rate)
7.0%
Sales Tax
1.53%
Property Tax Rate

Estimated Annual Costs

$15,144
Annual Rent
$4,772
State Income Tax
$4,928
Property Tax (est.)

Cost of Living Overview

East Providence has a cost of living close to the national average, offering a balanced mix of expenses and amenities. With a cost index of 96 (where 100 equals the national median), East Providence residents can expect to pay median rent of $1,262/month while earning a median household income of $79,660/year.

The median home value in East Providence, RI is $322,100, with typical monthly owner costs around $1,428 including mortgage, insurance, and taxes. The median rent-to-income ratio of 19.0% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Rhode Island has a moderate income tax rate of 5.99%. Combined with a 7.0% sales tax rate and 1.53% effective property tax rate, the overall tax environment is a factor in the total cost of living in East Providence.

Frequently Asked Questions

Common questions about living costs in East Providence

What is the cost of living in East Providence, RI?
The cost of living index in East Providence, RI is 96 (US average = 100). Median monthly rent is $1,262, median household income is $79,660/year, and the median home value is $322,100.
Is East Providence, RI affordable?
Yes, East Providence is more affordable than the national average with a cost index of 96. The rent-to-income ratio is 19.0%—below the 30%% threshold considered affordable by HUD.
What is the average rent in East Providence, RI?
The median gross rent in East Providence, RI is $1,262 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $15,144.
What is the median household income in East Providence?
The median household income in East Providence, RI is $79,660 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Rhode Island?
Rhode Island has a top income tax rate of 5.99%, a sales tax of 7.0%, and an effective property tax rate of 1.53%.