Olneyville cost of living index

Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; this is the most current data available.
The 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. The breakdown for each index is as follows: goods and services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
IndexOlneyvilleProvidenceRhode Island
Cost of living97108115
IndexOlneyvilleProvidenceRhode Island
Goods & Services115115115
Groceries105105105
Health care107107107
Housing5895120
Transportation110110110
Utilities124124124

Key findings

  • The cost of living in Olneyville is 16% lower than the Providence average
  • The cost of living in Olneyville is 3% lower than the national average
  • Olneyville housing is 42% 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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      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 IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Household$23,139$1,928$540$694

      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 $20.00$17.4914.4%
      Beauty Salon $56.67$38.1748.5%
      Toothpaste $2.55$2.329.9%
      Shampoo $0.99$1.012.2%
      Movie $12.75$10.7218.9%
      Bowling $18.00$13.8629.9%

      Groceries

      ItemProvidenceNational avg.Difference
      Ground Beef $3.77$3.903.3%
      Fried Chicken $1.64$1.4017.5%
      Milk $2.64$1.9634.5%
      Potatoes $3.49$3.189.6%
      Pizza $10.49$10.390.9%
      Beer $10.32$9.2311.8%

      Health Care

      ItemProvidenceNational avg.Difference
      Optometrist $131.39$106.3423.6%
      Doctor $157.87$115.2537.0%
      Dentist $92.75$98.385.7%
      Ibuprofen $9.49$9.262.5%
      Lipitor $408.27$466.4712.5%

      Housing

      ItemProvidenceNational avg.Difference
      Home Price $173,800.00$184,700.005.9%
      Avg. Mortgage Payment $1,558.54$1,273.3222.4%
      Apartment Rent $917.00$949.003.4%

      Transportation

      ItemProvidenceNational avg.Difference
      Gasoline $2.65$2.592.1%
      Tire Balancing $62.00$48.9026.8%

      Utilities

      ItemProvidenceNational avg.Difference
      All Electricity$235.76$167.6040.7%
      Phone $186.18$163.4213.9%
      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, RI19,3661044%
      Woonsocket, RI41,2721055%
      Harrisville, RI1,6291077%
      Pawtucket, RI71,3891077%
      Foster Center, RI3261088%
      Providence, RI178,8511088%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Santa Clarita, CA180,30314343%
      Newport News, VA181,60699-1%
      Port St. Lucie, FL175,6521022%
      Brownsville, TX182,11074-26%
      Chattanooga, TN175,46291-9%
      Providence, RI178,8511088%
      Source: The Olneyville, Providence, RI cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.