Cost of Living in Misquamicut, RI

With a cost of living index of 140, Misquamicut, RI is one of the most expensive cities in the United States. Living here is 40% more expensive than the national average and 30% above the Rhode Island state average of 111. Misquamicut is a small community of 355 residents.

The median household income in Misquamicut is $105,250, which is 40% higher than the national median of $75,149. While incomes are above average, they do not fully offset the higher cost of living.

Climate is another factor for anyone considering a move to Misquamicut. The area sees an average annual temperature of 52.5°F, with summers averaging 71°F and winters around 34°F. Annual rainfall totals 42.8 inches spread over roughly 123 days.

Everyday prices in the Providence-Warwick, RI-MA (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 5 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.