Data / Cost of living (regional price parity) / Rhode Island

Cost of living (regional price parity) in Rhode Island

Cost of living (regional price parity) in Rhode Island was 102.3 index in 2024, according to the U.S. Bureau of Economic Analysis. That is up 0.2 from 2023. That is the 15th highest of 51 states in 2024.

2024, index102.3
Change on 2023+0.2
Rank15th of 51US states ranked
Series high104.52022
Series low99.82012

Cost of living (regional price parity) in Rhode Island, 2008 to 2024

CSVChart (SVG)

991001011021031041052008201120142017202020242008: 103.6 index2009: 103.9 index2010: 101.8 index2011: 101.1 index2012: 99.8 index2013: 101.4 index2014: 100.3 index2015: 102 index2016: 101.6 index2017: 102.4 index2018: 102 index2019: 102.4 index2020: 101.8 index2021: 102.2 index2022: 104.5 index2023: 102.1 index2024: 102.3 index
index. Source: BEA. Retrieved 2026-10-09, published 2026-02-19.
All 17 values
Periodindex
2024102.3
2023102.1
2022104.5
2021102.2
2020101.8
2019102.4
2018102
2017102.4
2016101.6
2015102
2014100.3
2013101.4
201299.8
2011101.1
2010101.8
2009103.9
2008103.6

Compared with United States

Place2024
Rhode Island102.3
United States100

Rankings

Definition

Regional price parity for all items: the average price level of goods and services in a state, including housing rents, as a percentage of the national price level (United States = 100). A value of 110 means prices are 10% above the US average.

Compares price levels across places in the same year; it is not inflation. Each year is benchmarked to that year's national average, so a change over time shows a state moving relative to the US, not prices rising.

How to cite

U.S. Bureau of Economic Analysis. SARPP: regional price parities by state, all items (United States = 100). https://apps.bea.gov/regional/zip/SARPP.zip. Retrieved 2026-10-09.

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Questions

What is the cost of living in Rhode Island?

Cost of living (regional price parity) in Rhode Island was 102.3 index in 2024, according to the U.S. Bureau of Economic Analysis. That is up 0.2 from 2023. That is the 15th highest of 51 states in 2024.

Where does this figure come from?

U.S. Bureau of Economic Analysis. SARPP: regional price parities by state, all items (United States = 100). Retrieved by Invokely on 2026-10-09.

What was the highest cost of living in Rhode Island?

104.5 index in 2022, the highest value since 2008 in this series.

More statistics for Rhode Island

All statistics for Rhode Island