Cost of Living: Des Moines, IA vs Providence, RI (2026)

Des Moines

Iowa
70
VS

Providence

Rhode Island
99

Des Moines is 29% cheaper than Providence.

$1,054/mo ↓ 21%
Median Rent
$1,333/mo ↑ 26%
$63,966/yr ↓ 4%
Median Income
$66,772/yr ↑ 4%
$183,700 ↓ 43%
Home Value
$322,800 ↑ 76%
$1,137/mo ↓ 22%
Owner Costs
$1,467/mo ↑ 29%
212,464
Population
190,214

Tax Comparison

5.7%
Income Tax
5.99%
6.0%
State Sales Tax
7.0%
1.57%
Property Tax
1.53%

Affordability

19.8%
rent-to-income
Affordability
24.0%
rent-to-income

Detailed Comparison

When comparing Des Moines, IA and Providence, RI, the overall cost of living indices are 70 and 99 respectively (national median = 100). Rent is $279/month cheaper in Des Moines, saving renters about $3,348/year.

Median household income is $2,806/year higher in Providence. Home values also differ significantly — the median in Des Moines is $183,700 compared to $322,800 in Providence.

Iowa has a lower income tax rate, making Des Moines slightly more tax-friendly.

Frequently Asked Questions

Des Moines vs Providence — common questions

Is Des Moines or Providence cheaper to live in?
Based on our cost index, Des Moines is cheaper to live in with an index of 70 compared to 99 (US average = 100).
What is the rent difference between Des Moines and Providence?
Median rent in Des Moines is $1,054/month and in Providence it's $1,333/month — a difference of $279/month.
Which city has higher income, Des Moines or Providence?
Median household income is $63,966 in Des Moines and $66,772 in Providence. Median household income is $2,806/year higher in Providence.
How do taxes compare between Iowa and Rhode Island?
Iowa has 5.7% income tax, 6.0% sales tax, and 1.57% property tax. Rhode Island has 5.99% income tax, 7.0% sales tax, and 1.53% property tax.
Should I move to Des Moines or Providence?
It depends on your priorities. Des Moines has a cost index of 70 with median rent of $1,054/mo, while Providence has a cost index of 99 with rent of $1,333/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Des Moines details → View Providence details →

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