Cost of Living in Cranston, RI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
137.1
100 = national avg
+37.1 vs national average
Living Wage (1 Adult)
$60,321
per year
Living Wage (Family of 4)
$142,578
per year
Cost Index by Category
Housing168.6
Food117.0
Transportation110.9
Healthcare113.6
Utilities124.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,402
per month
2 Bedroom
$1,729
per month
The overall cost of living index in Cranston is 137.1, which is 37.1% above the national average. Housing costs are above the national average at an index of 168.6. A single adult needs to earn approximately $60,321 per year to cover basic expenses.