What is the cost of living in Warwick, RI?
According to the most recent data on the cost of living, Warwick has an overall cost of living index of 109, which is 1.1x higher than the national index of 100.
Compared to Rhode Island, Warwick has a cost of living index that's 1.0x lower than Rhode Island's index of 112.
The standard of living in Warwick ranks as #4 most affordable out of the 15 places we measured in Rhode Island. By definition, that implies Warwick ranks as the #11 most expensive place in the Ocean State.
For more reading on life in Warwick, check out:
Warwick Cost Of Living Vs. Rhode Island
Six factors go into calculating the cost of living index in Warwick. Here is how it fares on each of the criteria:
The Services index in Warwick is 102.
The Groceries index in Warwick is 105.
The Health index in Warwick is 130.
The Housing index in Warwick is 104.
The Transportation index in Warwick is 107.
The Utilities index in Warwick is 102.
| Living Expense | Warwick | Rhode Island | National Average |
|---|---|---|---|
| Overall | 109 | 112 | 100 |
| Services | 102 | 104 | 100 |
| Groceries | 105 | 102 | 100 |
| Health | 130 | 125 | 100 |
| Housing | 104 | 106 | 100 |
| Transportation | 107 | 107 | 100 |
| Utilities | 102 | 108 | 100 |
Warwick Cost Of Living Compared To Rhode Island Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Rhode Island, check out:
- Most Expensive Cities In Rhode Island
- Most Affordable Cities In Rhode Island
- Average Rent In Rhode Island
Source: Cost-of-living index 2026, normalized to US average = 100
Warwick, 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 2020-2024. The key points are:
The Median Home Value in Warwick is $414,086.
The Median Rent in Warwick is $1,363.
The Median Income in Warwick is $88,708.
The Home Value To Income in Warwick is 4.7x.
The Rent To Monthly Income in Warwick is 0.18x.
| Statistic | Warwick | Rhode Island | United States |
|---|---|---|---|
| Median Home Value | $414,086 | $499,271 | $332,700 |
| Median Rent | $1,363 | $1,342 | $1,413 |
| Median Income | $88,708 | $87,796 | $80,734 |
| Home Value To Income | 4.7x | 5.7x | 4.1x |
| Rent To Monthly Income | 0.18x | 0.18x | 0.21x |
Warwick, RI Costs By Category
Detailed Warwick Services costs vs. Rhode Island
| Item | Warwick | 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 Warwick Groceries costs vs. Rhode Island
| Item | Warwick | 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 Warwick Health costs vs. Rhode Island
| Item | Warwick | Rhode Island |
|---|---|---|
| Optometrist | $104.45 | $125.68 |
| Doctor | $169.83 | $135.78 |
| Dentist | $130.28 | $113.29 |
Detailed Warwick Transportation costs vs. Rhode Island
| Item | Warwick | Rhode Island |
|---|---|---|
| Gasoline | $3.38 | $3.46 |
| Tire Balancing | $48.2 | $59.92 |
Detailed Warwick Utilities costs vs. Rhode Island
| Item | Warwick | Rhode Island |
|---|---|---|
| All Electricity | $230.62 | $193.99 |
| Phone | $195.18 | $192.25 |
Warwick SnackAbility
Cost Of Living In Cities Around Warwick
The cost of living varies in the cities and towns around Warwick. 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, 1.0x Warwick.
Cranston, RI has a cost of living index of 115, 1.1x Warwick.
Pawtucket, RI has a cost of living index of 106, 1.0x Warwick.
| City | Population | Cost Of Living | Vs. Warwick |
|---|---|---|---|
| Providence, RI | 191,767 | 111 | 1.0x |
| Cranston, RI | 83,250 | 115 | 1.1x |
| Pawtucket, RI | 75,893 | 106 | 1.0x |
| East Providence, RI | 47,281 | 109 | 1.0x |
| Central Falls, RI | 22,701 | 105 | 1.0x |
| Somerset, MA | 18,298 | 123 | 1.1x |
| Valley Falls, RI | 12,657 | 114 | 1.0x |
| Tiverton, RI | 8,091 | 122 | 1.1x |
