Cost of Living in Melville, RI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
189.2
100 = national avg
+89.2 vs national average
Living Wage (1 Adult)
$83,256
per year
Living Wage (Family of 4)
$196,786
per year
Cost Index by Category
Housing271.3
Food129.0
Transportation158.1
Healthcare123.2
Utilities151.7
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 Melville is 189.2, which is 89.2% above the national average. Housing costs are above the national average at an index of 271.3. A single adult needs to earn approximately $83,256 per year to cover basic expenses.