Cost of Living in Warwick, RI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
134.0
100 = national avg
+34.0 vs national average
Living Wage (1 Adult)
$58,952
per year
Living Wage (Family of 4)
$139,340
per year
Cost Index by Category
Housing159.4
Food116.9
Transportation113.5
Healthcare113.5
Utilities122.0
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 Warwick is 134.0, which is 34.0% above the national average. Housing costs are above the national average at an index of 159.4. A single adult needs to earn approximately $58,952 per year to cover basic expenses.