Woonsocket, RI Cost Of Living

The latest cost of living statistics for Woonsocket. Includes statistics on rent, mortgages, healthcare, and other costs for Woonsocket compared to the state and national averages.

Cost of living in Woonsocket, Rhode Island

Cost of living in Woonsocket 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 Woonsocket 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:

106 Cost of living index 1.1x higher vs US
#2 Cheapest in Rhode Island (of 15)
#3,167 Cheapest in the U.S. (of 6,489)
$380,892 Median home value
$1,161 Median rent
$61,059 Median income
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What is the cost of living in Woonsocket, RI?

According to the most recent data on the cost of living, Woonsocket has an overall cost of living index of 106, which is 1.1x higher than the national index of 100.

Compared to Rhode Island, Woonsocket has a cost of living index that's 0.9x lower than Rhode Island's index of 112.

The standard of living in Woonsocket ranks as #2 most affordable out of the 15 places we measured in Rhode Island. By definition, that implies Woonsocket ranks as the #13 most expensive place in the Ocean State.

For more reading on life in Woonsocket, check out:

Woonsocket Cost Of Living Vs. Rhode Island

Six factors go into calculating the cost of living index in Woonsocket. Here is how it fares on each of the criteria:

  • The Services index in Woonsocket is 103.

  • The Groceries index in Woonsocket is 107.

  • The Health index in Woonsocket is 106.

  • The Housing index in Woonsocket is 106.

  • The Transportation index in Woonsocket is 108.

  • The Utilities index in Woonsocket is 106.

Living Expense Woonsocket Rhode Island National Average
Overall 106 112 100
Services 103 104 100
Groceries 107 102 100
Health 106 125 100
Housing 106 106 100
Transportation 108 107 100
Utilities 106 108 100

Woonsocket Cost Of Living Compared To Rhode Island Averages

Services
Woonsocket 103
Rhode Island avg 104
Groceries
Woonsocket 107
Rhode Island avg 102
Health
Woonsocket 106
Rhode Island avg 125
Housing
Woonsocket 106
Rhode Island avg 106
Transportation
Woonsocket 108
Rhode Island avg 107
Utilities
Woonsocket 106
Rhode Island avg 108

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Rhode Island, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Woonsocket, RI Housing Cost Breakdown

$380,892Median Home Value
$1,161Median Rent
$61,059Median Income

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 Woonsocket is $380,892.

  • The Median Rent in Woonsocket is $1,161.

  • The Median Income in Woonsocket is $61,059.

  • The Home Value To Income in Woonsocket is 6.2x.

  • The Rent To Monthly Income in Woonsocket is 0.23x.

Statistic Woonsocket Rhode Island United States
Median Home Value $380,892 $499,271 $332,700
Median Rent $1,161 $1,342 $1,413
Median Income $61,059 $87,796 $80,734
Home Value To Income 6.2x 5.7x 4.1x
Rent To Monthly Income 0.23x 0.18x 0.21x

Woonsocket, RI Costs By Category

Detailed Woonsocket Services costs vs. Rhode Island
Item Woonsocket 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 Woonsocket Groceries costs vs. Rhode Island
Item Woonsocket 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 Woonsocket Health costs vs. Rhode Island
Item Woonsocket Rhode Island
Optometrist $104.45 $125.68
Doctor $169.83 $135.78
Dentist $130.28 $113.29
Detailed Woonsocket Transportation costs vs. Rhode Island
Item Woonsocket Rhode Island
Gasoline $3.38 $3.46
Tire Balancing $48.2 $59.92
Detailed Woonsocket Utilities costs vs. Rhode Island
Item Woonsocket Rhode Island
All Electricity $230.62 $193.99
Phone $195.18 $192.25

Woonsocket SnackAbility

6Overall SnackAbility
Jobs 5/10
Housing 8/10
Affordability 4/10
Diversity 9/10
Safety 5/10
Amenities 9.5/10
Education 5/10
Commute 7/10

Cost Of Living In Cities Around Woonsocket

The cost of living varies in the cities and towns around Woonsocket. Here's a quick look at the cost of living in the most populous nearby places:

  • Milford, MA has a cost of living index of 126, 1.2x Woonsocket.

  • Central Falls, RI has a cost of living index of 105, 1.0x Woonsocket.

  • Valley Falls, RI has a cost of living index of 114, 1.1x Woonsocket.

City Population Cost Of Living Vs. Woonsocket
Milford, MA 27,731 126 1.2x
Central Falls, RI 22,701 105 1.0x
Valley Falls, RI 12,657 114 1.1x
Cumberland Hill, RI 8,648 114 1.1x
Greenville, RI 8,296 123 1.2x
Mansfield Center, MA 7,222 131 1.2x
Whitinsville, MA 7,115 122 1.2x
Medfield, MA 6,849 168 1.6x
Walpole, MA 6,461 143 1.3x
Foxborough, MA 6,251 134 1.3x