Cost of Living in Woonsocket, RI

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

108.6

100 = national avg

+8.6 vs national average

Living Wage (1 Adult)

$47,783

per year

Living Wage (Family of 4)

$112,941

per year

Cost Index by Category

Housing
135.7
Food
94.8
Transportation
89.6
Healthcare
95.8
Utilities
104.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,402

per month

2 Bedroom

$1,729

per month

The overall cost of living index in Woonsocket is 108.6, which is 8.6% above the national average. Housing costs are above the national average at an index of 135.7. A single adult needs to earn approximately $47,783 per year to cover basic expenses.