Cost Of Living in Smith Hill, RI

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B+

33%

Overall NAT. AVG.

15%

Goods & Services NAT. AVG.

90%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Smith Hill	Providence	Rhode Island
Cost of living	133	111	112
Goods & Services	115	115	115
Groceries	102	102	102
Health care	108	108	108
Housing	190	117	120
Transportation	93	93	93
Utilities	112	112	112

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Cost Of Living Quick Facts

The cost of living in Smith Hill is 19% higher than the Providence average
The cost of living in Smith Hill is 33% higher than the national average
Smith Hill housing is 90% higher than the national average
Rhode Island general sales tax is 37% higher than the national average
Rhode Island state income tax is 44% 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	$51,724	$4,310	$1,207	$1,552

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	$31.50	$24.26	29.8%
Beauty Salon	$49.92	$45.56	9.6%
Toothpaste	$3.46	$3.70	6.5%
Shampoo	$1.43	$1.28	11.4%
Movie	$14.37	$12.13	18.4%
Bowling	$22.72	$18.00	26.2%

Groceries

Item	Providence	National avg.	Difference
Ground Beef	$5.85	$5.84	0.2%
Fried Chicken	$1.43	$1.57	8.9%
Milk	$4.74	$4.67	1.4%
Potatoes	$5.00	$4.93	1.3%
Pizza	$11.59	$12.09	4.1%
Beer	$10.74	$10.41	3.1%

Health Care

Item	Providence	National avg.	Difference
Optometrist	$104.45	$125.68	16.9%
Doctor	$169.83	$135.78	25.1%
Dentist	$130.28	$113.29	15.0%
Ibuprofen	$11.11	$10.65	4.3%
Lipitor	$369.37	$468.60	21.2%

Housing

Item	Providence	National avg.	Difference
Home Price	$225,200.00	$184,700.00	21.9%
Avg. Mortgage Payment	$2,379.56	$2,346.69	1.4%
Apartment Rent	$1,015.00	$949.00	7.0%

Transportation

Item	Providence	National avg.	Difference
Gasoline	$3.38	$3.46	2.5%
Tire Balancing	$48.20	$59.92	19.6%

Utilities

Item	Providence	National avg.	Difference
All Electricity	$230.62	$193.99	18.9%
Phone	$195.18	$192.25	1.5%

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	Population	Cost of Living Index	National Avg.
Clayville, RI	81	109	8.7%
Central Falls, RI	19,437	104	4.5%
Woonsocket, RI	41,616	107	6.6%
Pawtucket, RI	71,821	109	9.2%
Pascoag, RI	4,911	111	11.2%
Providence, RI	179,472	111	11.3%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Newport News, VA	179,582	103	2.8%
Santa Rosa, CA	178,391	169	68.6%
Ontario, CA	178,194	139	38.6%
Rancho Cucamonga, CA	178,060	154	53.6%
Sioux Falls, SD	180,927	95	4.5%
Providence, RI	179,472	111	11.3%