These Are The 10 Most Affordable Places In Rhode Island

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 16 largest places in Rhode Island, we were left with this set of the best value for your money:

1. Central Falls
2. Woonsocket
3. Pawtucket
4. Providence
5. East Providence
6. Cumberland Hill
7. Warwick
8. Valley Falls
9. Cranston
10. Tiverton

So listen up Newport as we explain how we created this ranking, you could learn some things from the rest of the state.

How We Determined The Most Affordable Places To Live In The Ocean State

There are basic necessities that you have to buy no matter where in the country you live. Those things include:

• Housing
• Food
• Gas
• Health Insurance
• Utilities
• Transportation

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 16 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.

1. Central Falls

Population: 19,374
Services: 123
Groceries: 111
Healthcare: 117
Housing: 98
Transportation: 111
Utiltiies: 126

2. Woonsocket

Population: 41,244
Services: 123
Groceries: 111
Healthcare: 117
Housing: 102
Transportation: 111
Utiltiies: 126

3. Pawtucket

Population: 71,246
Services: 123
Groceries: 111
Healthcare: 117
Housing: 105
Transportation: 111
Utiltiies: 126

4. Providence

Population: 178,185
Services: 123
Groceries: 111
Healthcare: 117
Housing: 114
Transportation: 111
Utiltiies: 126

5. East Providence

Population: 47,145
Services: 123
Groceries: 111
Healthcare: 117
Housing: 118
Transportation: 111
Utiltiies: 126

6. Cumberland Hill

Population: 8,356
Services: 123
Groceries: 111
Healthcare: 117
Housing: 118
Transportation: 111
Utiltiies: 126

7. Warwick

Population: 82,698
Services: 123
Groceries: 111
Healthcare: 117
Housing: 120
Transportation: 111
Utiltiies: 126

8. Valley Falls

Population: 11,533
Services: 123
Groceries: 111
Healthcare: 117
Housing: 121
Transportation: 111
Utiltiies: 126

9. Cranston

Population: 80,446
Services: 123
Groceries: 111
Healthcare: 117
Housing: 124
Transportation: 111
Utiltiies: 126

10. Tiverton

Population: 7,358
Services: 123
Groceries: 111
Healthcare: 117
Housing: 134
Transportation: 111
Utiltiies: 126

Detailed List Of Affordable Places In Rhode Island

City	Rank	Population	Services	Grociers	Healthcare
Central Falls	1	19,374	123	111	117
Woonsocket	2	41,244	123	111	117
Pawtucket	3	71,246	123	111	117
Providence	4	178,185	123	111	117
East Providence	5	47,145	123	111	117
Cumberland Hill	6	8,356	123	111	117
Warwick	7	82,698	123	111	117
Valley Falls	8	11,533	123	111	117
Cranston	9	80,446	123	111	117
Tiverton	10	7,358	123	111	117
Westerly	11	17,712	123	111	117
Greenville	12	8,928	123	111	117
Wakefield-Peacedale	13	8,511	123	111	117
Newport East	14	11,177	123	111	117
Kingston	15	6,709	123	111	117
Newport	16	24,376	123	111	117