Cost of Living: Providence, RI vs Phoenix, AZ

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,167/mo in Providence, RI versus $4,370/mo in Phoenix, AZ. In the model, rent is about 19.42% of gross in Providence, RI versus 21.24% in Phoenix, AZ, so Providence, RI tends to feel more affordable for rent.

Take-home in Providence, RI
$4,167/mo
Income level: near
Take-home in Phoenix, AZ
$4,370/mo
Income level: near
Rent share (1BR) in Providence, RI
19.42%
COLI tier: mid-range
Rent share (1BR) in Phoenix, AZ
21.24%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Providence, RI and Phoenix, AZ.

At a glance

  • Cheaper overall (lower cost-of-living index): Phoenix, AZ
  • Lower rent (median 1BR/2BR): Providence, RI
  • Lower home prices: Providence, RI
  • Higher median household income: Phoenix, AZ

Cost of Living Index

Providence, RI: 105.8 (U.S. = 100) · Phoenix, AZ: 102.4 (U.S. = 100)

Phoenix, AZ has a lower cost-of-living index than Providence, RI, so a given salary generally stretches further there.

Median Rent

Providence, RI: $1,267/mo (midpoint of 1BR/2BR) · Phoenix, AZ: $1,385/mo

Median rent in Phoenix, AZ is $118/mo higher than in Providence, RI.

Median Home Price

Providence, RI: $322,800 · Phoenix, AZ: $381,900

Median home price in Phoenix, AZ is $59,100 higher than in Providence, RI.

Median Household Income

Providence, RI: $66,772 · Phoenix, AZ: $77,041

Phoenix, AZ has a higher median household income than Providence, RI by $10,269.

Providence, RI overview · Phoenix, AZ overview · Popular comparisons