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Cost of living: New York, NY vs Providence, RI (2024)

Quick answer

Overall prices in the New York, NY metro were 112.6 vs 101.8 in Providence, RI in 2024 (US = 100), so New York is 10.6% more expensive than Providence; housing rents differ by 43% (148.6 vs 103.9). A $75,000 income in New York buys about what $67,811 buys in Providence, per BEA.

✓ U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Price index (US = 100)New YorkProvidenceNew York vs Providence
All items112.6101.8+10.6%
Goods110.397.1+13.5%
Housing (rents)148.6103.9+43.1%
Utilities127.0148.8-14.6%
Other services105.8102.3+3.5%
All items, 2008113.5103.7+9.5%
$50,000 in New York equals in Providence$45,207
$100,000 in New York equals in Providence$90,414
$150,000 in New York equals in Providence$135,621

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Last updated 2026-10-16. Data only, not financial or tax advice.

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