A wise sage once said:
“She works hard for the money…”
And these places in Rhode Island definitely treat her right.
You see, these are the places in Rhode Island where the cost of living is the lowest; where your salary goes the furthest. And when if you have the luxury of choosing where to live in the Ocean State, then the cost of living should play a role in the decision.
So we did the hard for you and crunched the numbers to find the cities that have lower food, energy, and housing costs. After the dust settled on our analysis of the 27 largest places in Rhode Island, we were left with this set of the best value for your money.
- Central Falls (Photos | Homes For Sale)
- Woonsocket (Photos | Homes For Sale)
- Pawtucket (Photos | Homes For Sale)
- Chepachet (Photos | Homes For Sale)
- Providence (Photos | Homes For Sale)
- Pascoag (Photos | Homes For Sale)
- Cumberland Hill (Photos | Homes For Sale)
- East Providence (Photos | Homes For Sale)
- Warwick (Photos | Homes For Sale)
- Valley Falls (Photos | Homes For Sale)
So listen up Melville (the most expensive place in Rhode Island) as we explain how we created this ranking. You could learn some things from the rest of the state.
And if you already knew these places were cheap, check out some more reading about Rhode Island and the cheapest places in the country:
How We Determined The Cheapest Places To Live In The Ocean State For 2018
There are basic necessities that you have to buy no matter where in the country you live. Those things include:
- Health Insurance
You can then compare the cost of these things in each of the places in Rhode Island to figure out which is the least expensive.
What you are left with is a “Cost of Living Index” that normalizes to 100 for an average place in the United States.
So we used that cost of living index in order to rank all of the 27 places in Rhode Island that have more than 5,000 people.
And just so you can better understand how the cost of living index works, 100 is the average cost of a place in the United States. A score of 90 means that the place cost 10% less than average. A score of 90 means it’s 10% less expensive.
San Francisco has a score of 243 meaning it’s almost 2.5 times as expensive as the average place in the country.
Central Falls is a city in Providence County, Rhode Island, United States. The population was 19,376 at the 2010 census. With an area of only 1.29 square miles, it is the smallest and most densely populated city in the smallest state, and the 27th most densely populated incorporated place in the United States. It is also one of only four incorporated places in New England that have a higher population density than the city of Boston. The city takes its name from a waterfall on the Blackstone River.
Woonsocket is a city in Providence County, Rhode Island, United States. The population was 41,186 at the 2010 census, making it the sixth largest city in the state. Woonsocket lies directly south of the Massachusetts state line and constitutes part of both the Providence metropolitan area and the larger Greater Boston Combined Statistical Area.
Pawtucket is a city in Providence County, Rhode Island, United States. The population was 71,148 at the 2010 census. It is the fourth largest city in the state.
Providence is the capital and most populous city of the U.S. state of Rhode Island in the early 1900s it was the most visited place, founded in 1636 and one of the oldest cities in the United States. It was founded by Roger Williams, a religious exile from the Massachusetts Bay Colony. He named the area in honor of “God’s merciful Providence” which he believed was responsible for revealing such a haven for him and his followers to settle. The city is situated at the mouth of the Providence River at the head of Narragansett Bay.
East Providence is a city in Providence County, Rhode Island, United States. The population was 47,037 at the 2010 census, making it the fifth largest city in the state.
There You Have It Mr. Or Mrs. Rhode Island Cheapskate
If you’re looking at the cost of living numbers in Rhode Island, this is an accurate list of the cheapest places to call home.
Here’s a look at the most expensive cities in Rhode Island according to the data:
- Narragansett Pier
For more Rhode Island reading, check out:
- 10 Best Places To Raise A Family In Rhode Island
- These Are The 10 Richest Cities In Rhode Island
- These Are The 10 Best Places To Retire In Rhode Island For 2018
Detailed List Of The Cheapest Places In Rhode Island