Silverlake 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.
IndexSilverlakeProvidenceRhode Island
Cost of living index105112119
IndexSilverlakeProvidenceRhode Island
Goods & Services index118118118
Groceries index107107107
Health care index107107107
Housing index80104126
Transportation index101101101
Utilities index139139139

Did you know?

  • The cost of living in Silverlake is 12% lower than the Providence average.
  • The cost of living in Silverlake is 5% higher than the national average.
  • The cost of housing in Silverlake is 20% 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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Compare Providence, RI Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Household$36,603$3,050$854$1,098

Rhode Island Sales Tax

StateGeneral Sales TaxWith Max Surtax
Rhode Island7%7%

Rhode Island Income Tax

StateIncome Tax (Low)Income Tax (High)
Rhode Island3.75%5.99%

Goods & Services

ItemProvidenceNational avg.Difference
Haircut $16.67$15.567.1%
Beauty Salon $48.75$36.1135.0%
Toothpaste $3.97$2.4760.6%
Shampoo $0.99$0.962.6%
Movie $11.17$10.1310.3%
Bowling $4.77$4.740.7%

Groceries

ItemProvidenceNational avg.Difference
Ground Beef $4.56$3.9814.4%
Fried Chicken $1.49$1.415.9%
Milk $2.56$2.0623.9%
Potatoes $3.99$2.9833.8%
Pizza $8.83$9.476.8%
Beer $9.44$8.797.3%

Health Care

ItemProvidenceNational avg.Difference
Optometrist $123.75$101.0422.5%
Doctor $142.56$107.4432.7%
Dentist $88.44$90.422.2%
Ibuprofen $8.99$9.283.1%
Lipitor $391.73$426.508.2%

Housing

ItemProvidenceNational avg.Difference
Home Price $186,000.00$175,700.005.9%
Avg. Mortgage Payment $1,459.71$1,133.2328.8%
Apartment Rent $910.00$920.001.1%

Transportation

ItemProvidenceNational avg.Difference
Gasoline $1.97$1.991.0%
Tire Balancing $49.00$45.767.1%

Utilities

ItemProvidenceNational avg.Difference
All Electricity$243.22$163.8148.5%
Phone $36.19$28.3927.5%
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, StatePopulationCost of Living IndexNational Avg.
Central Falls, RI19,4061088%
Woonsocket, RI41,1361099%
Pawtucket, RI71,31311010%
Chepachet, RI1,51011212%
Pascoag, RI4,31011414%
Providence, RI178,56211212%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Overland Park, KS178,9451044%
Santa Clarita, CA179,03013939%
Brownsville, TX179,83478-22%
Grand Prairie, TX181,13597-3%
Newport News, VA181,3621044%
Providence, RI178,56211212%
Source: The Silverlake, 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.