Cost of Living in Misquamicut, RI

F
57%
Overall NAT. AVG.
15%
Goods & Services NAT. AVG.
168%
Housing NAT. AVG.
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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 Misquamicut Rhode Island National
Cost of living157112100
Goods & Services115115100
Groceries102102100
Health care108108100
Housing268120100
Transportation9393100
Utilities112112100
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Cost Of Living Quick Facts

  • The cost of living in Misquamicut is 40% higher than the Rhode Island average
  • The cost of living in Misquamicut is 57% higher than the national average
  • Misquamicut housing is 168% 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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Compare Misquamicut, RI Cost of Living

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      Price difference in compared to
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      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$100,938$8,412$2,355$3,028
      Renters$31,190$2,599$728$936

      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 Misquamicut National avg. Difference
      Haircut $31.50$24.2629.8%
      Beauty Salon $49.92$45.569.6%
      Toothpaste $3.46$3.706.5%
      Shampoo $1.43$1.2811.4%
      Movie $14.37$12.1318.4%
      Bowling $22.72$18.0026.2%

      Groceries

      Item Misquamicut National avg. Difference
      Ground Beef $5.85$5.840.2%
      Fried Chicken $1.43$1.578.9%
      Milk $4.74$4.671.4%
      Potatoes $5.00$4.931.3%
      Pizza $11.59$12.094.1%
      Beer $10.74$10.413.1%

      Health Care

      Item Misquamicut National avg. Difference
      Optometrist $104.45$125.6816.9%
      Doctor $169.83$135.7825.1%
      Dentist $130.28$113.2915.0%
      Ibuprofen $11.11$10.654.3%
      Lipitor $369.37$468.6021.2%

      Housing

      Item Misquamicut National avg. Difference
      Home Price $495,700.00$184,700.00168.4%
      Avg. Mortgage Payment $2,379.56$2,346.691.4%
      Apartment Rent $0.00$949.00100.0%

      Transportation

      Item Misquamicut National avg. Difference
      Gasoline $3.38$3.462.5%
      Tire Balancing $48.20$59.9219.6%

      Utilities

      Item Misquamicut National avg. Difference
      All Electricity $230.62$193.9918.9%
      Phone $195.18$192.251.5%
      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.
      Fishers Island, NY611099.5%
      Hopkinton, RI6121032.6%
      Poquonock Bridge, CT1,6401055.3%
      New London, CT27,0011066.1%
      Groton, CT8,9991109.6%
      Misquamicut, RI37815756.6%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Charlotte, IA3788415.9%
      Belle Rive, IL3788217.9%
      Hazel, KY3788019.7%
      Akron, MI3788416.4%
      Annapolis, MO3788020.1%
      Misquamicut, RI37815756.6%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
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