Cost Of Living In Olneyville, Providence, RI

Olneyville cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
Index	Olneyville	Providence	Rhode Island
Cost of living index	103	112	119
Index	Olneyville	Providence	Rhode Island
Goods & Services index	118	118	118
Groceries index	107	107	107
Health care index	107	107	107
Housing index	73	104	126
Transportation index	101	101	101
Utilities index	139	139	139

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The cost of living in Olneyville is 13% lower than the Providence average.
The cost of living in Olneyville is 3% higher than the national average.
The cost of housing in Olneyville is 27% lower than the national average.
Rhode Island general sales tax is 37% higher than the national average.
Rhode Island state income tax is 69% higher than the national average.

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Household	$22,094	$1,841	$515	$663

Rhode Island Sales Tax

State	General Sales Tax	With Max Surtax
Rhode Island	7%	7%

Rhode Island Income Tax

State	Income Tax (Low)	Income Tax (High)
Rhode Island	3.75%	5.99%

Goods & Services

Item	Providence	National avg.	Difference
Haircut	$16.67	$15.56	7.1%
Beauty Salon	$48.75	$36.11	35.0%
Toothpaste	$3.97	$2.47	60.6%
Shampoo	$0.99	$0.96	2.6%
Movie	$11.17	$10.13	10.3%
Bowling	$4.77	$4.74	0.7%

Groceries

Item	Providence	National avg.	Difference
Ground Beef	$4.56	$3.98	14.4%
Fried Chicken	$1.49	$1.41	5.9%
Milk	$2.56	$2.06	23.9%
Potatoes	$3.99	$2.98	33.8%
Pizza	$8.83	$9.47	6.8%
Beer	$9.44	$8.79	7.3%

Health Care

Item	Providence	National avg.	Difference
Optometrist	$123.75	$101.04	22.5%
Doctor	$142.56	$107.44	32.7%
Dentist	$88.44	$90.42	2.2%
Ibuprofen	$8.99	$9.28	3.1%
Lipitor	$391.73	$426.50	8.2%

Housing

Item	Providence	National avg.	Difference
Home Price	$186,000.00	$175,700.00	5.9%
Avg. Mortgage Payment	$1,459.71	$1,133.23	28.8%
Apartment Rent	$910.00	$920.00	1.1%

Transportation

Item	Providence	National avg.	Difference
Gasoline	$1.97	$1.99	1.0%
Tire Balancing	$49.00	$45.76	7.1%

Utilities

Item	Providence	National avg.	Difference
All Electricity	$243.22	$163.81	48.5%
Phone	$36.19	$28.39	27.5%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, State	Population	Cost of Living Index	National Avg.
Central Falls, RI	19,406	108	8%
Woonsocket, RI	41,136	109	9%
Pawtucket, RI	71,313	110	10%
Chepachet, RI	1,510	112	12%
Pascoag, RI	4,310	114	14%
Providence, RI	178,562	112	12%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Overland Park, KS	178,945	104	4%
Santa Clarita, CA	179,030	139	39%
Brownsville, TX	179,834	78	-22%
Grand Prairie, TX	181,135	97	-3%
Newport News, VA	181,362	104	4%
Providence, RI	178,562	112	12%

Source: The Olneyville, Providence, RI cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.

Olneyville, Providence, RI Cost of Living