Tiverton, RI Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

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 119, with 100 being the average.

  • The cost of living index in Tiverton is 1.2x higher than the national average.

  • Tiverton ranks as the #10 cheapest in Rhode Island out of 15.

  • Tiverton ranks as the #4,736 cheapest out of 6,412 in the US.

  • The median home value in Tiverton is $284,200.

  • The median income in Tiverton is $80,275.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
119
Tiverton's Overall Cost Of Living
1.2x
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 119, 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 #10 most affordable out of the 15 places we measured in Rhode Island. By definition, that implies Tiverton ranks as the #5 most expensive place in the Ocean State.

For more reading on life in Tiverton, check out:

10 out of 15
In Rhode Island
4,736 out of 6,412
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 119.

  • The Groceries index in Tiverton is 111.

  • The Health index in Tiverton is 107.

  • The Housing index in Tiverton is 124.

  • The Transportation index in Tiverton is 105.

  • The Utilities index in Tiverton is 128.

Living Expense Tiverton Rhode Island National Average
Overall 119 111 100
Services 119 115 100
Groceries 111 99 100
Health 107 106 100
Housing 124 116 100
Transportation 105 101 100
Utilities 128 118 100
For more reading on cost of living around Rhode Island, check out:
Tiverton Cost of Living Vs. RI

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 2017-2021. The key points are:

  • The Median Home Value in Tiverton is $284,200.

  • The Median Rent in Tiverton is $1,101.

  • The Median Income in Tiverton is $80,275.

  • The Home Value To Income in Tiverton is 3.5x.

  • The Rent To Monthly Income in Tiverton is 0.16x.

Statistic Tiverton Rhode Island United States
Median Home Value $284,200 $292,600 $244,900
Median Rent $1,101 $1,097 $1,163
Median Income $80,275 $74,489 $69,021
Home Value To Income 3.5x 3.9x 3.5x
Rent To Monthly Income 0.16x 0.18x 0.2x
Search Homes For Sale In Tiverton, RI
$284,200
Median Home Value
$1,101
Median Rent
$80,275
Median Income

Tiverton, RI Costs By Category

Detailed Tiverton Services Costs Vs. Rhode Island

Item Tiverton Rhode Island
Shampoo $0.96 $1.06
Movie $12.75 $10.68
Bowling $19.67 $14.67
Haircut $24.44 $18.62
Beauty Salon $48.53 $39.05

Detailed Tiverton Groceries Costs Vs. Rhode Island

Item Tiverton Rhode Island
Ground Beef $3.82 $4.22
Fried Chicken $1.75 $1.39
Milk $2.52 $2.05
Potatoes $4.11 $3.29
Pizza $10.49 $10.62
Beer $10.32 $9.38
Toothpaste $2.53 $2.34

Detailed Tiverton Health Costs Vs. Rhode Island

Item Tiverton Rhode Island
Optometrist $131.39 $108.57
Doctor $157.87 $116.17
Dentist $92.75 $99.13

Detailed Tiverton Transportation Costs Vs. Rhode Island

Item Tiverton Rhode Island
Gasoline $2.15 $2.22
Tire Balancing $62.0 $50.07

Detailed Tiverton Utilities Costs Vs. Rhode Island

Item Tiverton Rhode Island
All Electricity $240.57 $167.67
Phone $189.01 $175.64

Tiverton SnackAbility

6
/10
Overall SnackAbility
Jobs
8/10
Housing
8.5
Affordability
8
Diversity
4
Safety
N/A
Amenities
8.5
Education
8
Commute
7

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 110, 0.9x Tiverton.

  • New Bedford, MA has a cost of living index of 114, 1.0x Tiverton.

  • Fall River, MA has a cost of living index of 114, 1.0x Tiverton.

City Population Cost Of Living Vs. Tiverton
Providence, RI 188,812 110 0.9x
New Bedford, MA 100,309 114 1.0x
Fall River, MA 93,339 114 1.0x
Warwick, RI 82,666 115 1.0x
Cranston, RI 82,654 116 1.0x
Pawtucket, RI 75,200 109 0.9x
East Providence, RI 47,171 113 0.9x
Attleboro, MA 46,146 121 1.0x
Newport, RI 25,322 137 1.2x
Central Falls, RI 22,192 108 0.9x

Articles About Rhode Island

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