Tiverton, RI Cost Of Living
Cost Of Living In Tiverton, RI Summary
Cost of living in Tiverton research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Tiverton is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Rhode Island, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Tiverton is 117, with 100 being the average.
The cost of living index in Tiverton is 1.2x higher than the national average.
Tiverton ranks as the #9 cheapest in Rhode Island out of 15.
Tiverton ranks as the #4,212 cheapest out of 6,489 in the US.
The median home value in Tiverton is $535,314.
The median income in Tiverton is $91,493.
Table Of Contents
Tiverton's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Tiverton, RI?
According to the most recent data on the cost of living, Tiverton has an overall cost of living index of 117, which is 1.2x higher than the national index of 100.
Compared to Rhode Island, Tiverton has a cost of living index that's 1.1x higher than Rhode Island's index of 111.
The standard of living in Tiverton ranks as #9 most affordable out of the 15 places we measured in Rhode Island. By definition, that implies Tiverton ranks as the #6 most expensive place in the Ocean State.
For more reading on life in Tiverton, check out:
In Rhode Island
In America
Tiverton Cost Of Living Vs. Rhode Island
Six factors go into calculating the cost of living index in Tiverton. Here is how it fairs on each of the criteria:
The Services index in Tiverton is 116.
The Groceries index in Tiverton is 101.
The Health index in Tiverton is 106.
The Housing index in Tiverton is 135.
The Transportation index in Tiverton is 95.
The Utilities index in Tiverton is 113.
| Living Expense | Tiverton | Rhode Island | National Average | |
|---|---|---|---|---|
| Overall | 117 | 111 | 100 | |
| Services | 116 | 113 | 100 | |
| Groceries | 101 | 100 | 100 | |
| Health | 106 | 110 | 100 | |
| Housing | 135 | 121 | 100 | |
| Transportation | 95 | 91 | 100 | |
| Utilities | 113 | 114 | 100 | |
Tiverton, RI Housing Cost Breakdown
Housing swings affordability the most between places in Rhode Island, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Tiverton is $535,314.
The Median Rent in Tiverton is $1,341.
The Median Income in Tiverton is $91,493.
The Home Value To Income in Tiverton is 5.9x.
The Rent To Monthly Income in Tiverton is 0.18x.
| Statistic | Tiverton | Rhode Island | United States |
|---|---|---|---|
| Median Home Value | $535,314 | $490,356 | $303,400 |
| Median Rent | $1,341 | $1,273 | $1,348 |
| Median Income | $91,493 | $86,372 | $78,538 |
| Home Value To Income | 5.9x | 5.7x | 3.9x |
| Rent To Monthly Income | 0.18x | 0.18x | 0.21x |
Median Home Value
Median Rent
Median Income
Tiverton, RI Costs By Category
Detailed Tiverton Services Costs Vs. Rhode Island
| Item | Tiverton | Rhode Island |
|---|---|---|
| Shampoo | $1.43 | $1.28 |
| Movie | $14.37 | $12.13 |
| Bowling | $22.72 | $18 |
| Haircut | $31.5 | $24.26 |
| Beauty Salon | $49.92 | $45.56 |
Detailed Tiverton Groceries Costs Vs. Rhode Island
| Item | Tiverton | Rhode Island |
|---|---|---|
| Ground Beef | $5.85 | $5.84 |
| Fried Chicken | $1.43 | $1.57 |
| Milk | $4.74 | $4.67 |
| Potatoes | $5.0 | $4.93 |
| Pizza | $11.59 | $12.09 |
| Beer | $10.74 | $10.41 |
| Toothpaste | $3.46 | $3.7 |
Detailed Tiverton Health Costs Vs. Rhode Island
| Item | Tiverton | Rhode Island |
|---|---|---|
| Optometrist | $104.45 | $125.68 |
| Doctor | $169.83 | $135.78 |
| Dentist | $130.28 | $113.29 |
Detailed Tiverton Transportation Costs Vs. Rhode Island
| Item | Tiverton | Rhode Island |
|---|---|---|
| Gasoline | $3.38 | $3.46 |
| Tire Balancing | $48.2 | $59.92 |
Detailed Tiverton Utilities Costs Vs. Rhode Island
| Item | Tiverton | Rhode Island |
|---|---|---|
| All Electricity | $230.62 | $193.99 |
| Phone | $195.18 | $192.25 |
Tiverton SnackAbility
/10
Cost Of Living In Cities Around Tiverton
The cost of living varies in the cities and towns around Tiverton. Here's a quick look at the cost of living in the most populous nearby places:
Providence, RI has a cost of living index of 111, 0.9x Tiverton.
New Bedford, MA has a cost of living index of 109, 0.9x Tiverton.
Fall River, MA has a cost of living index of 113, 1.0x Tiverton.
| City | Population | Cost Of Living | Vs. Tiverton |
|---|---|---|---|
| Providence, RI | 190,214 | 111 | 0.9x |
| New Bedford, MA | 100,731 | 109 | 0.9x |
| Fall River, MA | 93,764 | 113 | 1.0x |
| Warwick, RI | 82,871 | 114 | 1.0x |
| Cranston, RI | 82,632 | 116 | 1.0x |
| Pawtucket, RI | 75,280 | 110 | 0.9x |
| East Providence, RI | 46,970 | 110 | 0.9x |
| Attleboro, MA | 46,499 | 124 | 1.1x |
| Newport, RI | 25,029 | 143 | 1.2x |
| Central Falls, RI | 22,481 | 103 | 0.9x |
