Providence, RI vs Warwick, RI

Providence, RI and Warwick, RI have a very similar cost of living, with only a 1.1% difference in their overall index. Providence scores 102 while Warwick scores 101 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Providence is $1,333/month compared to $1,299/month in Warwick — a 3% difference. Home values follow the same pattern: Warwick is more affordable at $322,000 median vs $322,800.

Median household income in Providence is $66,772 compared to $87,536 in Warwick (-23.7%). Warwick offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Providence spend roughly 24% of their income on rent, more than the 17.8% in Warwick.

Climate-wise, both cities share similar average temperatures (52.1°F vs 52.1°F). Warwick receives more rainfall at 47.5" per year compared to 47.5" in Providence.