Cost Of Living in Greenville, RI

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	Greenville	Rhode Island	National
Cost of living	124	112	100
Goods & Services	115	115	100
Groceries	102	102	100
Health care	108	108	100
Housing	161	120	100
Transportation	93	93	100
Utilities	112	112	100

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Cost Of Living Quick Facts

The cost of living in Greenville is 11% higher than the Rhode Island average
The cost of living in Greenville is 24% higher than the national average
Greenville housing is 61% 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)
Owners	$98,813	$8,234	$2,305	$2,965
Renters	$49,048	$4,087	$1,144	$1,472

The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Greenville, RI, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Greenville homeowners, is $98,813. This would allow for a maximum of $2,305 per month to be spent on housing costs. For renters, the median monthly income is $49,048 which would result in a maximum of $1,144 to be spent on rental costs.

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	Greenville	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	Greenville	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	Greenville	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	Greenville	National avg.	Difference
Home Price	$317,800.00	$184,700.00	72.1%
Avg. Mortgage Payment	$2,379.56	$2,346.69	1.4%
Apartment Rent	$1,275.00	$949.00	34.4%

Transportation

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

Utilities

Item	Greenville	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%
Foster Center, RI	291	109	9.1%
Pawtucket, RI	71,821	109	9.2%
Greenville, RI	9,114	124	24.3%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
New Glasgow, NS	9,114	n/a
Columbia City, IN	9,115	90	9.9%
Clinton, OK	9,117	84	16.1%
Fallston, MD	9,118	133	33.2%
Yorkshire, VA	9,118	123	22.8%
Greenville, RI	9,114	124	24.3%

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

Cost of Living in Greenville, RI